Bankruptcy News Briefs 8/21

Headlines Kicking Off a New Week…

Court Rejects “Certainty of Hopelessness” and Limits Repayment Period

U.S. Department of Justice Responds to Lawmakers’ Call to End Operation Choke Point

CFPB report details who gets hit by overdraft fees

Forecast: Abundance of Potential New Rulemaking From the CFPB

Consumer Debt Reaches New Peak: Will Losses Follow?

Proposed Bankruptcy Rule Changes Ready for Public Comment

US DEPARTMENT OF EDUCATION STRIPS PROTECTION FOR STUDENTS AT FOR-PROFIT COLLEGES

This Week In Credit Card News: Card Debt Is Rising; Buffet Investing More In Credit Card Industry

How the CFPB’s arbitration rule hurts consumers and helps lawyers

Student Debt Up, Homeownership Down

Ferguson VS Navient

Read the Transcript for Ferguson vs Navient. This is a new area of law dealing with those types of student loans that are not automatically excepted from discharge. It shows that debtors who went through bankruptcy years ago with dischargeable student loans and have been hounded into repaying these discharged loans have a remedy for relief and punitive sanctions.  Submitted by Austin Smith.

Register for This Month’s NACBA Webinar!

LinkedIn for Lawyers: 10 Steps to Unlock the Power of Social Media
Date: Thursday, August 24th, 3:00 PM Eastern to 4:00 PM Eastern
Presented by: Stephen Fairley, Founder and CEO of The Rainmaker Institute
Cost: NACBA Member Benefit, No Cost
Register: HERE

Renew Your Membership  For a Chance to Win This Great Resource!

It’s a new month and that means when you renew your membership in July you are automatically entered to win a copy of NCLC Consumer Bankruptcy Law and Practice Volume I & II, Eleventh Edition (Value $130). Two winners will be selected at random each month.

Hot Off the Press! Read the Summer Edition of the Consumer Bankruptcy Journal!

The weekend is a perfect time to read the comprehensive compilation of, “Cases in Review,” brought to you by the National Consumer Bankruptcy Rights Center and Consumer Bankruptcy Abstract and Research in today’s Consumer Bankruptcy Journal highlight.

Exciting Upcoming Events!

Save the Date for the 2018 NACBA Annual Convention on April 19-22 at the Sheraton in Downtown Denver!

NACBA 2018 Cruise! Get ready to set sail on the Empress of the Sea on November 29th-December 3rd 2018! Visit Havana, Cuba and Nassau, Bahamas while learning with NACBA! Registration is open!

 

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