Here, in contrast to other cases, the $56,299 student loan debt is ancient and the debtor is a 64-year-old frugal woman who recently received a layoff notice from her $11-an-hour assembly line job, ...

The term "discharged" refers to the elimination of a debtor's obligation to pay certain types of debts. Bankruptcy offers an avenue for individuals and businesses to manage overwhelming debt. It's a ...

A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like them should try. By Tara Siegel Bernard Student loans have long been ...

On August 12, the U.S. Bankruptcy Appellate Panel for the 8th Circuit upheld a lower court’s ruling that discharged a debtor’s student loan debt owed to a state bank, finding that repayment would ...

In a major development for student loan borrowers across the United States, the U.S. Department of Education is set to discharge student loan debt for millions of borrowers who have been making ...