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Sat.Aug 28, 2021 - Fri.Sep 03, 2021

category mortgages

‘Undue Hardship’ Is Too Strict A Standard To Discharge Student Loans In Bankruptcy, ABA Argues

Collection Industry News

AUGUST 30, 2021

It was the second-highest consumer debt category, behind only mortgages. In 2019, more than 44 million borrowers owed more than $1.5 trillion in student loan debt, according to data from the Federal Reserve cited in the report accompanying the resolution.

Student loans

Student loans Student Loans Bankruptcy Loans

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