Sentences with phrase «federal bankruptcy law makes»
It would be difficult in any event because federal bankruptcy law makes it nearly impossible to discharge student loan debts.
https://www.nytimes.com/ Not exact matches
Snyder's decision allowed Detroit Emergency Manager Kevyn Orr to make a filing under Chapter 9 of the federal bankruptcy law.
Additionally, if the bankruptcy court finds that ITT violated its former students» rights under consumer protection or contract law, that could help make students eligible for federal student loan discharge through the borrower defense to repayment process.
Truth: Federal law makes it illegal for anyone to discriminate against you because of bankruptcy.
Individuals who face an overwhelming amount of consumer debt may have some recourse through bankruptcy protections made available through federal law.
The Constitution provided for our protection against those antiquated ways when it gave Congress the power to legislate bankruptcy law making the primary laws governing bankruptcy federal.
And to make sure you pay back, the government passed a law making it almost impossible to eliminate both federal and private student loan debt in bankruptcy.
«The argument was that there needed to be tougher bankruptcy laws for federal student loans in order to make sure that the money was paid back and the government's pool of resources for those loans wasn't depleted.»
Bankruptcy is governed by federal laws that make the general rules and process relatively the same from one state to the next.
It observed that nothing in the Family Law Act or the federal Bankruptcy and Insolvency Act specifically prevents a spouse from making a claim for equalization of NFP after declaring bBankruptcy and Insolvency Act specifically prevents a spouse from making a claim for equalization of NFP after declaring bankruptcybankruptcy.
Bankruptcy law is a tough specialty — people are struggling, and new federal law makes it harder than ever to reorganize debts.