Debt Limits Revert to 2020 Levels
Congress increased the Chapter 13 (and Subchapter V) debt limits in 2020 with the Coronavirus Aid, Relief, and Economic Security Act...
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LEGAL TEAM NEWS AND UPDATES
ch13nsh
Apr 193 min read
New Rules for Student Loans in Bankruptcy
[Updated to reflect an extension of the deadline for consolidating to receive the benefit of the account adjustment.] Chapter 13 debtors...
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ch13nsh
Jul 27, 20231 min read
Fed Raises Rates
After a pause in June, the Fed yesterday announced another increase of 0.25 percentage points to the benchmark federal funds rate. With...
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ch13nsh
Jul 12, 20231 min read
From the Trustee: Press Release on Student Loans, NACTT Roundtable, Bar Committee Meeting, and More
Friends: Several matters: 1. Several members of the consumer bar have told me that they have failed to receive the NACTT press...
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ch13nsh
Jun 23, 20231 min read
Slides from TFS Presentation
As promised, Pat Schaeffer has shared the slides he presented at the Roundtable this month. Find a copy here:
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ch13nsh
May 3, 20231 min read
Fed Raises Rates Again
The Federal Reserve announced another increase of 0.25 percentage points to the benchmark federal funds rate. With that change, the prime...
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ch13nsh
Mar 22, 20231 min read
Another Interest Rate Increase
The Federal Reserve announced another increase of 0.25 percentage points to the benchmark federal funds rate. With that change, the prime...
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ch13nsh
Nov 29, 20221 min read
New Bankruptcy Rules Effective December 1st
Revisions to the Bankruptcy Rules take effect December 1st. Of particular note are amendments intended to resolve two ambiguities in the...
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ch13nsh
Nov 23, 20222 min read
Health Insurance News
With open enrollment on the federal health insurance exchange available until December 15th, two recent articles may merit attention: The...
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ch13nsh
Nov 18, 20222 min read
New Guidance for Student Loan Discharges in Bankruptcy
The DOJ and DOE have announced a new process to review requests for discharge of student loans in bankruptcy. The guidance offers more...
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ch13nsh
Nov 14, 20221 min read
DOE Suspends Applications for One-Time Debt Relief
The Department of Education has stopped accepting applications for its one-time student loan debt forgiveness program after negative...
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ch13nsh
Oct 31, 20221 min read
Student Loan Relief Updates
Public Service Loan Forgiveness Temporary waiver application ends TODAY (10/31/22). To address some perceived failures of the PSLF...
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