The consensus is that some private student loans can be canceled as a result of bankruptcy


The Court of Appeals ruled that private student loans can be repaid through bankruptcy like other consumer debts, opening the door for more borrowers to get relief from education debt.

A ruling by the US Court of Appeals for the Second Circuit on Thursday upheld Hilal Homaidan, an Emerson College alumnus, who sought to bankrupt the $ 12,567 private student loans he had borrowed to fund his education.

Supported by the government …

Source link


Please enter your comment!
Please enter your name here