Student Loans – A Modern Day Debtor’s Prison? Government Considering Change Bankruptcy Laws to Allow Discharge of Private Student Loan

Submitted by Anonymous (not verified) on Tue, 10/06/2015 - 23:49
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Prior to implementation of the “Bankruptcy Abuse Prevention and Consumer Protection Act of 2005” (BAPCPA), debtors were able to discharge private student loans in either Chapter 7 or Chapter 13 bankruptcy.  Since then, young Americans have continued to struggle due to: Steep increases in college tuition; Mounting student loans debt; Bleak job prospect after graduation, […]
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