January, 2022

Remove 2014 11
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Court Refused to Discharge Student Loans Until Debtor Reaches 70 Years Old

ABI

In general, a student loan may not be discharged under title 11 of the United States Code (the “Bankruptcy Code”) unless the debtor demonstrates “undue hardship.” [1] 11] This test seeks to determine whether the debtor can “‘now and in the foreseeable future maintain a reasonable, minimal standard of living. By: Joseph Wales.

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Mortgage-Assistance Relief Firm Violates Consumer Finance Regulations

ABI

5]. In 2014, the Bureau commenced an action against Consumer First alleging that “while providing mortgage-assistance relief services to more than 6,000 customers across 39 states, Consumer First violated Regulation O,” and was not otherwise exempt because the firm did not provide assistance as a part of practicing law. [6]