Hartman Bankruptcy Law
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General Information
Locality: Oakland, California
Phone: +1 510-227-5325
Address: 1300 Clay St., Ste. 600 94612 Oakland, CA, US
Website: bayarearestructure.com
Likes: 70
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ITT students are facing a decision... http://www.studentloanborrowerassistance.org/student-loan/
https://www.facebook.com/greg.hartman.5//10154610080826664
This is one of the lingering impacts from the real estate bubble. While many property owners are able to make ongoing payments, they lack the means to cure all arrears at once.
"...echoes of housing crisis."
The portion of unpaid student loans is staggering. According to the WSJ, 43% of borrowers are currently not making payments. Here's a summary of some of the eye-opening facts revealed in the article.
When reorganization in chapter 11 makes sense.
Aggregate student loans: approx. $1.3T.
Student loan debt is unique, but not in a good way. It is almost impossible to escape, even if the student has no means to ever fully repay.
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