NACBA Webinar: FEDERAL STUDENT LOAN 2022 CHANGES AS THEY RELATE TO BANKRUPTCY

Date & Time: Thursday, September 29, 2022  4:00 - 5:30 pm Eastern

Description:  In August 2022 the Biden Administration announced changes and forgiveness concerning federally guaranteed student loans. In addition, there are multiple other issues and changes concerning student loans.  Our panelists will discuss the following topics:

• FEDERAL “PAYMENT PAUSE” ON MOST FEDERAL LOANS UNTIL 12/31/22
• BIDEN $10k/$20k FORGIVENESS -AUTOMATIC FORGIVENESS VS. APPLICATION PROCESS -- POSSIBLE LAWSUITS
• PSLF [PUBLIC SERVICE LOAN FORGIVENESS] “LIMITED WAIVER” ENDS 10/31/22
• IDR “AUDIT” TO GIVE PEOPLE MORE CREDIT TOWARD 20/25 YEAR IDR FORGIVENESS
• “FRESH START” FOR ALL DEFAULTED FEDERAL STUDENT LOANS
• CHANGES TO IDR PAYMENT PLANS PROPOSED FOR JULY 2023 or 2024 - New Plan Proposed
• BDTR [BORROWER DEFENSE TO REPAYMENT FORGIVENESS]
• SWEET v CARDONA PROPOSED CLASS ACTION SETTLEMENT re BDTR APPLICATIONS
• FULL LOAN FORGIVENESS TO MOST WESTWOOD, CORINTHIAN & ITT STUDENTS — see dates
• DEPARTMENT OBJECTIONS TO DISCHARGE IN BANKRUPTCY OR BANKRUPTCY ADVERSARIES
• STAYING IN IDR PLANS DURING CHAPTER 13 BANKRUPTCY
• FORGIVENESS IN BANKRUPTCY
• JOINT SPOUSAL CONSOLIDATION LOANS
• SERVICER CHANGES
• IMPACT ON CURRENTLY FILED CHAPTER 13 CASES
• IMPACT ON FUTURE BANKRUPTCY CASES

Why you should attend:  In order to represent your clients in bankruptcy you must be aware of how and when the loans will be forgiven.  Also, you need to be aware of the latest news and opportunities for your clients to reduce or eliminate their student loans. 

Speakers: Karen Cody-Hopkins, Esq. and Ed Boltz, Esq.