The Federal Pause on Student Loan Payments Is Set to Expire. How Might Bankruptcy Fill the Gap?
The Federal Pause on Student Loan Payments Is Set to Expire. How Might Bankruptcy Fill the Gap? By Joy Kleisinger and Hayley Mullen The COVID-era pause on student loan payments and interest will finally come to an end after eight extensions on Sept. 1, 2023. 1 The
The Consumer Bankruptcy Reform Act: The Uncoupling of Debts
The Consumer Bankruptcy Reform Act: The Uncoupling of Debts By Brittany M. Woodman The Consumer Bankruptcy Reform Act (CBRA), originally introduced in December 2020, was reintroduced in September 2022 by Sen. Elizabeth Warren (D-Mass.) and Rep. Jerrold Nadler (D-N.Y.)
Legislative Highlights May 2023
Legislative Highlights Collapse of SVB and Signature Bank Draw Congressional Spotlight, Criticism in March Hearings Members of Congress utilized two congressional hearings at the end of March to deliver harsh criticism of bank executives and federal regulators in the
Legislative Highlights April 2023
Legislative Highlights Warren, Porter, Dozens of Democratic Lawmakers Introduce Bill to Repeal 2018 Rollback of Dodd-Frank Protections Sen. Elizabeth Warren (D-Mass.) and U.S. Rep. Katie Porter (D-Calif.) led dozens of Democratic lawmakers on March 14 to introduce the
Academics Lay Out Proposals for Digital Asset Safeguards at Senate Hearing
Academics Lay Out Proposals for Digital Asset Safeguards at Senate Hearing After examining related issues in the previous 117th Congress, the Senate Banking Committee convened a hearing on Feb. 14 titled, “Crypto Crash: Why Financial System Safeguards Are Needed for
Florida’s Homestead Exemption, Ensuring an Equal Application of the Law
Florida’s Homestead Exemption: Ensuring an Equal Application of the Law By James M. Truett Across the U.S., various states lack uniformity in their bankruptcy homestead-exemption laws pertaining to when debtors qualify for the homestead exemption within their state
Legislative Highlights February 2023
Legislative Highlights Biden Administration Unveils Plans to Ease Rules for Income-Based Student Loan Forgiveness The Biden administration on Jan. 10 released 1 a detailed plan that aims to make it easier for student loan holders to wipe out their debts using income
Coming Back Around: Legislative Issues Likely to Resurface in the 118th Congress
Coming Back Around: Legislative Issues Likely to Resurface in the 118th Congress While new legislation and fresh issues await both chambers of the 118th Congress, which convened on Jan. 3, insolvency practitioners should anticipate a number of priority bankruptcy issues
Inside ABI January 2023
Event Roundup International Committee Hosts Cross-Border Program in New York Nearly 100 attended ABI’s Cross-Border Insolvency Program on Nov. 14, held at Blank Rome LLP’s Conference Center in Manhattan. ABI’s International Committee presented this year’s conference