Personal bankruptcy News: Extra Veterans’ Protections; Brand new Laws; Student loan Dischargeability
This particular article facts three of the most extremely extreme current changes so you're able to consumer personal bankruptcy rules. The fresh new federal laws provides added personal bankruptcy defenses to have pros, current servicemembers, in addition to their dependents when submitting both a section 7 otherwise part 13 case of bankruptcy. Productive December step 1, a great amount of transform have been made to your Federal Laws off Personal bankruptcy Techniques.
Possibly of most standard appeal, a must-understand , 5th Routine decision indicates just how many individual figuratively speaking are now able to become discharged in the personal bankruptcy. This is basically the very first circuit judge governing exploring this approach to help you discharging individual college loans, therefore holds and only the fresh new borrower.
From extra notice so you're able to bankruptcy practitioners, NCLC it November put out brand new 12th version out-of Individual Personal bankruptcy Law and exercise, the brand new decisive individual case of bankruptcy treatise available in printing and you can electronically.Read more
