On June 30, the Supreme Court ruled that the Biden administration did not have authority to forgive student loans under the Higher Education Relief Opportunities for Students Act of 2003 (HEROES Act). Despite this defeat,...more
7/25/2023
/ Bankruptcy Code ,
Bankruptcy Court ,
Biden Administration ,
Brunner/Gerhardt Test ,
Class Action ,
Debt ,
Higher Education Act ,
Loan Forgiveness ,
Relief Measures ,
SCOTUS ,
Student Loans ,
Students ,
Unsecured Debt
In 2022, there were several high-profile crypto bankruptcy filings. A big question in these cases is whether there will be any money to satisfy unsecured creditor claims. If there are funds to distribute, then the...more