An Update on Student Debt Relief and What this Means for Chapter 13 Practitioners

What is the Student Debt Relief Plan?

On August 24, 2022, President Joe Biden announced a three-part student debt relief plan to help borrowers transition back to regular payments as pandemic-related support expires. The plan includes loan forgiveness of up to $20,000 for Pell Grant recipients with loans held by the Department of Education and up to $10,000 in debt relief to non-Pell Grant recipients. Borrowers are eligible for this relief if their individual income is less than $125,000 or $250,000 for households.

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MaryAnn Bennett Bride, Esq.

Staff Attorney to Lon A. Jenkins, the Standing Chapter 13 Trustee (District of Utah)

MaryAnn Bennett Bride is a staff attorney to Lon A. Jenkins, the Standing Chapter 13 Trustee for the District of Utah, where she has worked since 2016. Prior to joining the Trustee, she managed the Bankruptcy Department at Select Portfolio Servicing (SPS), a nationwide mortgage servicer. Prior to SPS, she began her legal career representing consumer debtors. She graduated from the Temple University Beasley School of Law in 2010 and received an Honors B.A. in Political Science and a B.S. in Public Communication from the University of Utah in 2007. In her free time, she can be found cheering for Real Salt Lake (Major League Soccer) or gardening. She lives in Bountiful, Utah, with her husband and three, young children.

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More Federal Student Loan Debt Relief is Coming

Scott Waterman

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An ordinary title for a very NON-ordinary article! A computer program which will accurately predict whether a borrower will default and relief extended based on the data. WHAAAT???

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An Update on Student Debt Relief and What this Means for Chapter 13 Practitioners

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MaryAnn Bennett Bride, Esq.

Staff Attorney to Lon A. Jenkins, the Standing Chapter 13 Trustee (District of Utah)

Related Articles

Critical Case Comment – Creditor Not Required to Dismiss Prepetition Nonbankruptcy Action

From the Editor – Dismissal

Critical Case Comment – Time is of the Essence

Credit Scores Trend Upward After Bankruptcy

How To Manage Incompetent, Unprepared, and Negligent Bankruptcy Counsel

Kellner Retires

Tax Tips for Taxpayers to Consider When Selling Their Home

Don’t Be Dismissive – Rule 41

More Federal Student Loan Debt Relief is Coming

Critical Case Comment – The Plan Rules

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