News consumer and bankruptcy headlines are…

As Businesses Hold Back, U.S. Consumers Seen Boosting Big Banks’ Profits

For-profit film school turned their Hollywood dreams into student debt nightmares

The Next Recession Won’t Be Triggered by a Housing Market Crash: Economist

Black Philanthropy And Its Effect On The Black Student Debt Crisis

‘I have a chance now to have a life’: Navy vet who won watershed student loan ruling tells his story

Schools scramble for new milk supplier after dairy company closes

U.S. Senate passes anti-robocall bill

HAVE YOU REGISTERED FOR #NACBALA?

NACBA is heading to Tinseltown. Join us Thursday, April 30TH – Sunday, May 3RD in Hollywood CA, for NACBA’s 28TH Annual Convention!

Some quick headlines to read today…

Bankruptcy Court Discharges Student Loans, Labels “Certainty of Hopelessness” Standard a “Myth” and Not Supported by In re Brunner.

Upending Bankruptcy ‘Myths,’ Judge Erases $220,000 Student Loan Debt

Changing Court Attitudes on Bankruptcies

Warren bankruptcy plan aims to close loophole for police brutality

Under Highland Capital Bankruptcy Deal, Co-Founder Dondero Stays, Without Pay

CFPB Sues Mortgage Lender For Credit Report Abuses

Fifth Circuit Unravels FDCPA Class Action After Finding No Common Issue

CHECK BACK SOON FOR 2020 LIVE WEBINAR SCHEDULE

New headlines read…

AARP to focus on drug price transparency, student loan debt and more for General Assembly

Colorado would repay first 2 years of student loans for grads who stay in state under “Get On Your Feet” bill

Student Loan Balances Increasing in Most American Metros, Data Shows

White House contender Warren, drawing on academic background, proposes bankruptcy reform

Borden Dairy Lenders Blast ‘Irrational’ Bankruptcy Filing

Bankruptcy Courts Remain Inaccessible To Cannabis Cos.

Pier 1 Cuts Staff and Weighs Bankruptcy Plan; Stock Plunges

Wisconsin farmers worry about impact of large dairy producers filing for bankruptcy

The Potential Ripple Effect of Borden Dairy’s Bankruptcy Filing

INSIGHT: CFPB Uses Settlement, Workshop to Flex Credit Reporting Muscle

District Of New Jersey Upholds Securities Fraud Action Against Major Student Loan Servicer Based Upon Alleged Forbearance Scheme Harming Borrowers

She Can Infer ATDS Claims, But Her FDCPA Name Claim Fell Short

Is Carrying a Balance Always Bad for Your Credit Score

The first bankruptcy news briefs of 2020 include…

2020: What’s on the Horizon for the Debt Collection Industry

Warren takes shot at Biden with new bankruptcy plan

Consumer Watch: Saving for retirement when you think it’s too late

Here’s What 2020 Presidential Candidates Think About Your Student Loans

Better Business Bureau Releases Top Scams of 2019

Markups: H.R. 1667, the “Financial Institution Bankruptcy Act of 2017”

Pier 1 Is Closing Half Of Its Stores; Is Bankruptcy Next?

The Student Loan Forgiveness Tax Bomb

A Borrower Will Be 114 When Bonds Backed by Her Student Loans Mature

Higher Education Appropriations Up 5% For FY 2019-20

Holiday headlines read…

Bankruptcy Court Denies Motion for Fee Enhancement Under ‘Common Fund Doctrine’

Bankruptcy judge thrust into spotlight in Purdue Pharma case

Case: Individual Employment Rights/Bankruptcy (D. Or.)

Americans’ near-record levels of credit card debt is helping bolster banking industry

REGISTER TODAY FOR #NACBALA!

NACBA is heading to Tinseltown. Join us Thursday, April 30TH – Sunday, May 3RD in Hollywood CA, for NACBA’s 28TH Annual Convention!

Today’s news briefs are…

New lawsuit alleges CFPB Prepaid Rule requires use of certain fee terminology without permitting clarification, thereby violating free speech

CFPB Requests Information on the TILA-RESPA Integrated Disclosures Rule Assessment

Size of Lead Plaintiff’s Payout Compromises Debt Class Deal

Most of Debtor’s Claim to Vacation Pay Exempt From Bankruptcy

Wall Street Could Make $1 Billion Off PG&E’s Bankruptcy – and Ratepayers Are on the Hook

PG&E urged to revise bankruptcy plan as protesters rally outside San Francisco headquarters

‘Let’s make that the law’: Elizabeth Warren challenges Jamie Dimon and Business Roundtable over accountable capitalism pledge

What do subprime mortgages and student loans have in common?

United States: Section 363 Does Not Apply To Chapter 11 Plan Sales

Continuing Doubt About the Opt-Out: Uncertainty Reigns Over Third-Party Releases

What Is the Average Student Loan Debt for Graduate School?

Will Transferring Colleges Affect My Student Loans

DON’T MISS NACBA’S LIVE WEBINAR!

Means Test Game Show: Is it income or an expense?
Date: December 19, 2019
Time: 4:00 PM EST – 5:00 PM EST
Cost: $25 Member / $75 Non Member
Presenters: Jenny Doling, Esq., Marybeth Ausbrooks, Esq., Gene Melchionne Esq. & James Haller, Esq.
Register HERE

Join our holiday panel for a game show quiz focusing on allowable or required income and expenses. You can’t lose even if you get the answers wrong..

Why You Should Attend: Ask yourself these questions. Is a withdrawal from a 401k income that should push your client into a five year plan? Is a 401k contribution a permissible expense? Is child support that isn’t received income? Is child support that is not being paid an expense? Your client wants to claim $900.00 in pet expenses for 8 pets. Is that expense ridiculous? Can you justify it? Learn the answers to these questions and more. Come join us!

REGISTRATION IS OPEN FOR #NACBALA!

Join us in Hollywood April 30-May 3, 2020. Register now for the early bird rate!

We start this December with the following headlines…

If $1.6 Trillion Of Student Loan Debt Is Forgiven, This Is What Happens

Acosta Ruling Brings it Closer to Bankruptcy Exit in Two Weeks

Some students worry about post-grad life with loans

The Education Department Wants to Streamline Student-Loan Repayments. It Might Not Fix What Ails the Debt-Collection System.

U.S. consumer watchdog proposes exemptions for banks, credit unions on remittances

DeVos Proposes New Agency, Run by Someone Else, for Student Loans

New Lawsuit Says The Government Has Failed Student Loan Borrowers

Wealthy Students’ Borrowing Spikes

REGISTER FOR NACBA’S LIVE WEBINARS!

Consumer Bankruptcy Watch: What’s Hot in Consumer Bankruptcy Law Today
Date: December 5, 2019
Time: 4:00 PM EST – 5:00 PM EST
Cost: $25 Member / $75 Non Member
Presenters: Henry Sommer, Esq., Tara Twomey, Esq. & James Haller, Esq.
Register HERE

The panel will cover the latest hot topic in consumer bankruptcy law, including any pending cases before the Supreme Court and important Court of Appeals cases to watch.

Why You Should Attend: Don’t be the last to know what issues are coming next to a court near you. Find out what to expect by learning about the trends and case law are working their through the courts.

Means Test Game Show: Is it income or an expense?
Date: December 19, 2019
Time: 4:00 PM EST – 5:00 PM EST
Cost: $25 Member / $75 Non Member
Presenters: Jenny Doling, Esq., Marybeth Ausbrooks, Esq., Gene Melchionne Esq. & James Haller, Esq.
Register HERE

Join our holiday panel for a game show quiz focusing on allowable or required income and expenses. You can’t lose even if you get the answers wrong..

Why You Should Attend: Ask yourself these questions. Is a withdrawal from a 401k income that should push your client into a five year plan? Is a 401k contribution a permissible expense? Is child support that isn’t received income? Is child support that is not being paid an expense? Your client wants to claim $900.00 in pet expenses for 8 pets. Is that expense ridiculous? Can you justify it? Learn the answers to these questions and more. Come join us!

WE LOOK FORWARD TO SEEING YOU IN THE SUN IN PUERTO RICO!

The latest consumer headlines read…

Student Loan Repayment: Best Plans and Other Resources

New Education Dept. Tool Allows Students to See Federal Debt Total Before Borrowing More Money

Student Loan Reform Org Sues Trump Administration Agency Heads for Refusing to Supervise Student Loan Servicers

‘Broke’: How Detroit Residents Maneuvered The City’s Bankruptcy

Consumer Agency Failed To Protect Student Loan Borrowers, Lawsuit Says

CFPB Regulatory Agenda Marks Final Debt Collection Rule for 2020…And the Clock is Ticking to Avoid CRA Nullification

CFPB to Assess TRID Rule’s Effectiveness

REGISTER FOR NACBA’S LIVE WEBINARS!

Consumer Bankruptcy Watch: What’s Hot in Consumer Bankruptcy Law Today
Date: December 5, 2019
Time: 4:00 PM EST – 5:00 PM EST
Cost: $25 Member / $75 Non Member
Presenters: Henry Sommer, Esq., Tara Twomey, Esq. & James Haller, Esq.
Register HERE

The panel will cover the latest hot topic in consumer bankruptcy law, including any pending cases before the Supreme Court and important Court of Appeals cases to watch.

Why You Should Attend: Don’t be the last to know what issues are coming next to a court near you. Find out what to expect by learning about the trends and case law are working their through the courts.

Means Test Game Show: Is it income or an expense?
Date: December 19, 2019
Time: 4:00 PM EST – 5:00 PM EST
Cost: $25 Member / $75 Non Member
Presenters: Jenny Doling, Esq., Marybeth Ausbrooks, Esq., Gene Melchionne Esq. & James Haller, Esq.
Register HERE

Join our holiday panel for a game show quiz focusing on allowable or required income and expenses. You can’t lose even if you get the answers wrong..

Why You Should Attend: Ask yourself these questions. Is a withdrawal from a 401k income that should push your client into a five year plan? Is a 401k contribution a permissible expense? Is child support that isn’t received income? Is child support that is not being paid an expense? Your client wants to claim $900.00 in pet expenses for 8 pets. Is that expense ridiculous? Can you justify it? Learn the answers to these questions and more. Come join us!