The Medical Bankruptcy Fairness Act of 2021 proposes to ease the impact of medical bills due to unforeseen medical circumstances and for Public Heath related shutdowns (ie: the Covid-19 pandemic). The legislation is...
Still cannot discharge Student loans easily in bankruptcy. Supreme Court declined to hear appeal.
No progress for student loans in bankruptcy. It's up to Congress to change the laws.
http://www.wsj.com/articles/supreme-court-denies-appeal-on-student-loan-erasure-1452527286?platform=hootsuite
Can Student loans be discharged in bankruptcy?
Generally, the answer is NO. Student loans and any debt for educational purposes are not discharged in bankruptcy. There was an exception, where you could ask the court to determine that the student loan was an undue hardship, but this was a very...