ABI Commission on Consumer Bankruptcy – Student Loans – Suggested Regulatory and Judicial Changes

By Henry E. Hildebrand, III, Chapter 13 Standing Trustee (Nashville, TN)

Section I. Student Loans, Part II – Suggested Regulatory and Judicial Changes

In our last installment of the Academy Report on the ABI Commission on Consumer Bankruptcy we dealt with the ABI Commission’s suggested statutory modifications which could address some of the problems facing borrowers confronted with substantial student loan obligations.

The ABI Commission, recognizing that effectuating statutory modifications entails an extremely long, grueling and difficult process, made suggestions for non-statutory modifications by regulation and by case law. From a regulatory perspective, the ABI . . .

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