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Law grad wins release of their pupil financial obligation in viewpoint criticizing ‘punitive standards’

Law grad wins release of their pupil financial obligation in viewpoint criticizing ‘punitive standards’

With what will be referred to as a “stunning” choice, a bankruptcy judge has ruled that the 2004 graduate of Yeshiva University’s Cardozo Law class may erase a lot more than $220,000 in education loan financial obligation.

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, based on the Jan. 7 viewpoint by Chief U.S. Bankruptcy Judge Cecelia Morris associated with the Southern District of the latest York.

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

Rosenberg’s consolidated education loan was at forbearance or deferment for ten years starting in April 2005. Continue reading Law grad wins release of their pupil financial obligation in viewpoint criticizing ‘punitive standards’