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The Fannings sought direct appeal to the 4th Circuit of the bankruptcy court's denial of their motion for authorization to incur debt to purchase a home, which also sought to abrogate local bankruptcy rules requiring such authorization.
Here's a breakdown of the latest developments regarding filing student loan debts in bankruptcy:
A federal program has been reported to make it easier to get student loan debt discharged in bankruptcy. This is nothing new over the last two years but has been sluggish in making clear headway. At the moment, only a small number of student loan debt applicants have had their debt discharged. However the problem is not enough attorneys or judges are familiar with the process.Â
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After allegedly falling $314 behind on her homeowners association dues, the HOA retained EquityExperts.org to "aggressively" collect and it eventually ran up costs by an additional $6,035, threatening sale of the property.