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  1. 5 days ago · Returning millions of borrowers to repayment last fall, after a 42-month pandemic-related pause, has been challenging. Just as the student loan machinery was coming back online, the Biden ...

  2. 3 days ago · Two judges this week invalidated part of a program that’s been in place for 30 years. The rulings contradict each other and seem unworkable in practice. Millions of student borrowers now face uncertainty about a repayment program established decades ago, and implementers of the student loan system will struggle to comply. Two federal judges ...

  3. 3 days ago · New proposal would ban medical debt on credit reports. Since the actions taken by the credit bureaus have not relieved Americans of the financial impact of medical bills, the CFPB is considering a rule that would remove all medical bills from most consumer credit reports. According to CFPB director Rohit Chopra, the practice of credit reporting ...

  4. 1 day ago · Purdue’s Supreme Court decision upends US bankruptcy. The Supreme Court made waves in the US bankruptcy world on Thursday, with a ruling that upended a deal struck between Purdue Pharma ’s ...

  5. 4 days ago · This study seeks to close that gap by drawing upon medical debt and other data from consumer bankruptcy cases in 2013, and responses to a nationwide survey of recent bankruptcy filers.

  6. 3 days ago · We also address common myths, provide life after-bankruptcy tips, and answer frequently asked questions to give you a comprehensive understanding of what declaring bankruptcy entails. What is bankruptcy. Bankruptcy is a legal process intended to help an honest debtor have a fresh financial start.

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  8. 4 days ago · Consumer Bankruptcy is bankruptcy for individual debtors. Consumer debtors usually seek relief under either Chapter 7 or Chapter 13. The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) made sweeping changes to all aspects of bankruptcy law, especially those affecting consumer debtors.

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