Archive | December, 2009

02 December 2009 ~ 0 Comments

Student Loan Bankruptcy at Heart of Supreme Court Trial

When it comes to bankruptcy there are a few things that cannot be discharged. One of them is student loan debt. There are some exceptions but for the most part student loan debt will not be discharged in a bankruptcy proceeding. However, in a case before the Supreme Court right now, a 20-year-old student loan [...]

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02 December 2009 ~ 0 Comments

Restrictions on Bankruptcy Advice Considered by Supreme Court

A Minnesota law firm is arguing against a provision in a 2005 bankruptcy law that can put lawyers in conflict with ethics rules and result in misleading disclosures in advertising. The case hinges on a provision that bars debt relief agencies from encouraging a person to “incur more debt” with the understanding of filing for [...]

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