A Crestview Personal Bankruptcy Attorney is Highlighting A Recent Ruling on Student Loan Debt

February 14, 2020
Download as PDF Single Release RSS Feed
Facebook Twitter Google Digg Reddit LinkedIn Email

Crestview, Fla. - A recent court case has made an unprecedented decision to discharge student loan debt. The ruling was made in New York in which the judge found the debtor satisfied “undue hardship”, a standard in the Bankruptcy Code. Lewis and Jurnovoy, a Crestview personal bankruptcy attorney, is highlighting this recent ruling.

Typically, student loans are not dischargeable when filing for bankruptcy. In the recent case, the debtor Kevin Jared Rosenberg had over $220,000.00 in student debt at the time the case was filed. Rosenberg filed a case where he declared his student loan debt dischargeable under section 523(a)(8) of the Bankruptcy Code.

This section of the code exempts student loan debt unless there is an “undue hardship”. Mr. Rosenberg made his case and a decision was made on January 27, 2020, granting the student loan debt dischargeable. During this case, the ‘Brunner’ standard was used to test the debt along with other previous student loan cases.

The recent ruling sets a new precedent in the field of bankruptcy. Following the path of the Rosenberg case could have the potential to hugely change the way student loan debt is treated in bankruptcy. Anyone who is interested in discussing bankruptcy options, contact Lewis and Jurnovoy, a Crestview creditor lawyer.

Lewis and Jurnovoy have been serving Crestview and the surrounding areas since 1998. Give them a call at 850-409-3350, or get more information online at https://lewisandjurnovoy.com/.



SOURCE: Press Advantage [Link]

Download as PDF Single Release RSS Feed
Facebook Twitter Google Digg Reddit LinkedIn Email

About Lewis & Jurnovoy, PA- Crestview:

The primary emphasis of our law firm is in the representation of individuals in Chapter 13 bankruptcy, Chapter 7 bankruptcy,mortgage foreclosures, mortgage modifications and protecting against abusive debt collectors.

Contact Lewis & Jurnovoy, PA- Crestview:

Steven D. Jurnovoy and Martin S. Lewis
1501 S. Ferdon Dr. Crestview, FL 32536
(850) 409-3350

Additional News Releases From Lewis & Jurnovoy, PA- Crestview:

August 12, 2020Bankruptcy Lawyers in Crestview, FL is Highlight Bankruptcy Due to COVID-19

July 22, 2020Crestview Debt Consolidation Lawyer Highlights Personal Bankruptcy Trends

June 26, 2020A Crestview Personal Bankruptcy Attorney is Highlighting a New Bankruptcy Law

May 12, 2020A Bankruptcy Attorney in Crestview, FL Is Highlighting What Bankruptcy Means for Retail

April 24, 2020A Crestview Chapter 7 and Chapter 13 Bankruptcy Lawyer Highlights States Declaring Bankruptcy Amid COVID-19

March 17, 2020A Local Bankruptcy Attorney in Crestview is Highlighting Companies to Watch During the Pandemic

January 28, 2020Local Bankruptcy Law Firm Reflects on a Prosperous 2019

December 19, 2019Bankruptcy Lawyers in Crestview, FL Respond to 2019 Bankruptcy Statistics

November 25, 2019Crestview Bankruptcy Attorneys Share How to Become a Lawyer