This just in! As originally reported in the New York Times and posted through Consumerists’ (@Consumerist) blog, JP Morgan Chase and Bank of America have both agreed to clear debt from credit reports that was discharged in bankruptcy. This is great news and about time the big banks acted in accordance with federal laws. These […]
Back in November, I explained to you the complexities involved in discharging student loans in bankruptcy. These rules have not changed with the latest U.S. Supreme Court ruling in the case of United Student Aid Funds v. Espinoza. The New York Times article, Bankruptcy Ruling in Student Loan Case points to the brief submitted by United […]