Student Loans and Bankruptcy

On April 15 of this year The Private Student Loan Bankruptcy Fairness Act of 2010 was introduced to the House of Representatives calling for certain student loans to be eligible for discharge under bankruptcy. Time will tell whether the Act becomes law; if it does, it is likely to undergo substantial revisions prior to passage. [...]

Consumer Debt Headlines 8/09

News on mortgage and auto delinquencies, student loan debt and bankruptcy rates for August, 2009.