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Legislation grad wins release of their pupil financial obligation in opinion criticizing ‘punitive criteria’

Legislation grad wins release of their pupil financial obligation in opinion criticizing ‘punitive criteria’

A bankruptcy judge has ruled that a 2004 graduate of Yeshiva University’s Cardozo Law School may erase more than $220,000 in student loan debt in what is being described as a“stunning” decision.

What the law states grad, 46-year-old Kevin Jared Rosenberg, represented himself https://titlemax.us. Their income that is annual is than $38,000, and their month-to-month earnings after costs operates at a deficit of approximately $1,500, in accordance with the Jan. 7 opinion by Chief U.S. Bankruptcy Judge Cecelia Morris regarding the Southern District of brand new York.

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

Rosenberg’s consolidated education loan was in forbearance or deferment for ten years starting in April 2005. He made 10 re payments of varying quantities through the next 26 months.

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