September 28, 2007
Congress May Provide Relief to Struggling Debtors
Bill would allow borrowers to use bankruptcy to wipe out private student loans
Fred J. Konopasek was fresh out of college and working for a car-rental company in 2003 when he was attacked in his sleep by his girlfriend's angry ex-boyfriend. The attack left him with a concussion, two black eyes, and more than $10,000 in medical bills.
Uninsured, and unable to make the payments with a $32,000 annual salary, he filed for bankruptcy in 2006, erasing his medical bills and $20,000 in
This is an article for subscribers only. You may access this article by purchasing a:
Digital or Print Subscription
Web Pass
Already have an account? Log In Now.
-
Peer Review
-
Academic Assets
-
Teaching
