H.R. 9931, the "Student Borrower Bankruptcy Relief Act of 2024"
The Student Borrower Bankruptcy Relief Act of 2024 proposes to:
· Repeal Section 523(a)(8) of the Bankruptcy Code, which currently prevents the discharge of federal and private student loans absent a showing of “undue hardship.”
· Eliminate the need for borrowers to prove “undue hardship” thorough costly proceedings in court, reducing the legal and financial burdens on borrowers already at their most perilous financial state.
· Maintain existing bankruptcy means-testing, ensuring that only those who are already eligible for bankruptcy can access this relief.
Show Me the Money: Litigation Finance in International Insolvency — Challenges and Opportunities
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Innovation vs. Insolvency: Current Issues in Fintech and Cryptocurrency Cases
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Fifth Circuit Holds that Equitable Mootness Doesn’t Protect Parties to the Appeal
Fifth Circuit didn’t permit plan proponents to structure a chapter 11 plan so that an appeal would be equitably moot.
Court:
Fifth Circuit Bans Uptier Financings for Violating the Principle of Ratable Treatment
The Fifth Circuit declines to adopt a securities industry guidebook for what’s a permissible financing.
Court:
A Judgment Lien Isn’t Created by Filing a UCC Financing Statement, Judge Furay Says
To obtain a judgment lien, filing a UCC financing statement is no substitute for docketing a judgment.
A Mortgage Deficiency Judgment Is a Judicial Lien Subject to Avoidance Under § 522(f)
A deficiency judgment resulting from mortgage foreclosure is not ‘a judgment arising out of a mortgage foreclosure’ and can be avoided as a judgment lien.
Court:
Do Kwon Pleads Not Guilty to U.S. Charges Over Terra Collapse
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