Legislation grad wins release of their pupil debt in viewpoint criticizing ‘punitive criteria’

A bankruptcy judge has ruled that a 2004 graduate of Yeshiva University’s Cardozo Law School may erase more than $220,000 in student loan debt in what is being described as a“stunning” decision.

What the law states grad, 46-year-old Kevin Jared Rosenberg, represented himself. Their income that is annual is than $38,000, along with his month-to-month earnings after costs operates at a deficit of approximately $1,500, in line with the Jan. 7 opinion by Chief U.S. Bankruptcy Judge Cecelia Morris associated with the Southern District of the latest York.

The Albany circumstances Union, which noted the “stunning decision, ” plus the Wall Street Journal have coverage.

Rosenberg’s student that is consolidated was at forbearance or deferment for ten years starting in April 2005. He made 10 re re payments of varying quantities through the next 26 months. Read more ›

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