A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like ...

The success rate for student loan borrowers who attempt to discharge their debt in bankruptcy has "jumped" to 87% in recent ...

To get student loans discharged, you'll need to prove that they cause you "undue hardship." Borrowers can choose between Chapter 7 and Chapter 13 bankruptcy, but they must file a separate adversary ...

The Biden administration released new guidance in 2022 on discharging student loans in bankruptcy. New data obtained by some lawmakers shows more student-loan borrowers taking advantage of that new ...

Some student-loan companies have "illegally" sent borrowers' debt back to collections after a bankruptcy discharge. The CFPB has put them on notice.

Life led Elizabeth Hadzic and Kim Coles to bankruptcy court. Hadzic, 50, a psychotherapist in Maryland, doesn’t make enough to support herself and her adult son, whose health struggles set her back ...

Millions of people have gotten a break from paying their federal student loans during the pandemic. But there's been no relief for millions of others with private student loans who may not realize ...

The Biden administration's new student loan bankruptcy policy is making it easier for borrowers to walk away from their debt in court, attorneys say. "We have gotten forgiveness for a number of ...

WASHINGTON, D.C. - Memphis Congressman Steve Cohen (TN-9), along with other representatives, reintroduced a bill that would allow people to file bankruptcy on private student loans. In a statement ...

David Chatman, 51, said he's going through bankruptcy proceedings because he cannot afford his student-loan payments without the SAVE plan.

A new study shows US student loan borrowers are far more successful in bankruptcy than widely believed, with an 87% discharge ...