US EditionHow Bankruptcy Is Becoming a Strategic Tool for Student Loan Borrowers Facing Wage Garnishment
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How Bankruptcy Is Becoming a Strategic Tool for Student Loan Borrowers Facing Wage Garnishment
Student loan borrowers facing financial distress increasingly turn to a once-overlooked legal strategy—bankruptcy—to protect their income and potentially discharge their debt. With federal student loan collections resuming after a lengthy pause, the interplay between bankruptcy law and student debt discharge is drawing unprecedented attention. The Growing Student Loan Crisis: A Perfect Storm for Bankruptcy Filings The Education Department’s resu…
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