Author Archives: Walter Benenati

Disabled no longer face tax penalty after Student Loan Debt is forgiven

Disabled no longer face tax penalty after Student Loan Debt is forgiven The new Tax Cuts and Jobs Act benefits individuals who are permanently disabled and struggling to pay back their student loan debt. Disabled borrowers include veterans who are no longer able to work due to service-related injuries but also anyone who is determined …

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Changes Coming to Student Loan Bankruptcy Rules

Changes Coming to Student Loan Bankruptcy Rules The Department of Education is reviewing the current ‘undue hardship’ standard when it comes to discharging student loan debt in bankruptcy. Judges generally require borrowers prove that they cannot maintain a “minimal standard of living” while repaying the loans, that their circumstances will not change for a significant …

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The Dangers of Filing for Bankruptcy Pro Se

The Dangers of Filing for Bankruptcy Pro Se When someone is facing the possibility of bankruptcy, he or she is arguably already with limited financial resources. It is for this reason that many individuals filing for bankruptcy decide to file without the assistance of an attorney, also known as filing bankruptcy pro se. While filing pro …

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