Stuck in default on your federal student loan? Advocates with NCLC’s Student Loan Borrower Assistance project explain what borrowers need to know about the new time-limited Fresh Start initiative to help borrowers get out of default. Roughly 20% of the 43 million Americans holding federal student loans are in default. For many, getting out of…
On February 22, the Supreme Court in Bartenwerfer v. Buckley, 2023 WL 2144417 (U.S. Feb. 22, 2023), held that a debt incurred by business partners and obtained by fraud may not be discharged in bankruptcy even when the debtor is an innocent partner who did not commit the fraud. One can expect bankruptcy creditors to try…
Two cases before the U.S. Supreme Court challenge President Biden’s transformational plan to cancel up to $20,000 in student debt for eligible borrowers.
The U.S. Department of Energy proposed new, more energy-efficient standards for refrigerators, freezers, and clothes washers – with strong support from NCLC.
“Junk fees” are hidden charges attached to goods and services such as loans, bank accounts, or purchases. These unexpected fees obscure the true price, make profit off of “gotchas,” and prevent comparison shopping. Consumers pay tens and maybe even hundreds of billions of dollars a year in junk fees on bank accounts, credit cards, rental…
This article provides practical steps to respond to an Eleventh Circuit ruling challenging extra recoveries for class action named plaintiffs—a ruling that could otherwise have serious consequences for the prosecution of consumer class actions. The article also includes other class action practice tips. The article explains how the Supreme Court’s Ramirez ruling should breathe new life into…
