Upending Bankruptcy ‘Myths,’ Judge Erases $220,000 Student Loan Debt

A judge discharged a law school graduate’s unpaid student loans even though he isn’t disabled or unemployable, saying that satisfying his debt in full would impose an undue hardship

Judge Cecelia G. Morris of the U.S. Bankruptcy Court in Poughkeepsie, N.Y., discharged the law school graduate’s unpaid student loans even though he isn’t disabled or unemployable, saying that satisfying his law school debt in full would impose an undue hardship.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here’s How Much Increasing Your Credit Score Can Save You On A Mortgage, A Credit Card And MoreBumping your score from the “fair” range to the “very good” range could save you a whopping $41,000 on your mortgage (and thousands on student, car and personal loans, too).
Read more »

Warren's new bankruptcy plan could spark a clash with BidenSen. Elizabeth Warren is promising to remake the nation’s consumer bankruptcy system—potentially picking a fight with a top rival for the Democratic nomination.
Read more »

NBA star Trae Young helps pay off more than $1 million of medical debtA young NBA star gave hundreds of struggling families some much-needed relief this week by canceling more than $1 million worth of unpaid medical debt.
Read more »

Millennials with debt feel more confident—and 40% expect to wipe out their balances in less than 5 yearsAbout 40% of millennials with some type of debt believe they'll have a debt-free future within five years, according to a new report.
Read more »

Meet Najiah Knight, the 13-Year-Old Girl Upending the World of Professional Bull RidingMeet Najiah Knight, the 13-year-old girl upending the world of professional bull riding.
Read more »

U.S. stocks hover less than 1% from records as Wall Street tries to shake off Middle East worriesU.S. stocks on Tuesday are slightly lower as investors assess the prospects for a conflict between Iranian and American forces, with a firm comeback late in...
Read more »