Archives for December 2021

Bankruptcy Court Issues Decision about Restrictions on Bankruptcy Blocking 

Admin on December 23, 2021 Posted in Blog

Courts can not come to a consensus about whether statements found in a borrower’s documents established to prohibit the borrower from filing for bankruptcy are enforceable as the result of either federal public policy or state law.  Various court rulings have tackled this issue over the last few years. A New Jersey District Bankruptcy court […]

Federal Circuit Court Rules Some Student Loans Can be Discharged in Bankruptcy

Admin on December 9, 2021 Posted in Bankruptcy Law, Blog, Chapter 7 Bankruptcy

In the recent circuit court case of Homaidan v. Sallie Mae, Inc., a federal circuit court held that a ruling by a New York bankruptcy court that private loans to pay for college education are not exempt from being discharged under the Bankruptcy Code’s Section 523. This section of the Bankruptcy Code excludes from discharge […]