Thought Leadership Category: Insights
Student Loan Collections Are Poised To Test Bankruptcy Options
For two years, a government process has existed to help student loan borrowers shed their debt in bankruptcy. Yet, despite 2022 guidance aiming to lower the “undue hardship” hurdle that often blocks bankruptcy discharge, many still believe it’s impossible, says Stretto co-President Scott Barna. As interviewed in Bloomberg Law.
U.S. To Collect On Defaulted Student Loans — Can Your Wages Be Garnished?
With litigation swirling around the Biden administration’s Saving on a Valuable Education (SAVE) plan and proposed overhauls to repayment programs, student loan borrowers face a landscape of pure uncertainty right now, according to Igor Roitburg, Stretto Managing Director, as interviewed in GoBankingRates.
The Negative Impact Of Resumed Credit Reporting On Student Loan Borrowers
Stretto’s Igor Roitburg and Experian’s Vince Pileggi unpack crucial strategies for bankruptcy Attorneys in the Spring 2025 NACBA Consumer Bankruptcy Journal, helping clients navigate the post-pause payment storm. Find out how to leverage your expertise to minimize credit impact and facilitate effective student loan management.
What You Need To Know As A Stakeholder In Chapter 11 Bankruptcy
According to bankruptcy expert Jonathan Carson, co-CEO of Stretto and a member of the Forbes Business Council, navigating the complexities of a corporate bankruptcy requires a proactive approach. He explains key steps stakeholders can take to safeguard their investments and ensure they have a seat at the table during negotiations on Forbes.com.
Navigating Corporate Transparency Act Requirements as Trustees
TRUSTEE TALK: According to Stretto Director Jeph Ledda and Telpner Peterson Attorney Nicole Hughes, until guidance from FinCEN is provided, bankruptcy Trustees would be well-served to take a careful approach in each case, considering the practices in recent cases that have been effective, and to stay attuned to any future updates from FinCEN in the […]
Bankruptcy Attorneys Can Help Borrowers Navigate SAVE Litigation Chaos
Stretto Senior Managing Director Igor Roitburg and Attorney Michael Lux explain that at a time when student loan confusion is at an all-time high, bankruptcy Attorneys now find themselves uniquely positioned to help their clients navigate a permanent resolution to student loan debts in the winter issue of NACBA’s Consumer Bankruptcy Journal.
Bankruptcy Filings Jumped In 2024: Are You At Risk Of Filing?
Stretto President Scott Barna comments that unplanned events may cause unmanageable financial hardship, especially for individuals who do not have significant savings. For these individuals, a financial emergency overlaid on top of a precarious day-to-day economic situation can drive them into bankruptcy as interviewed in GOBankingRates.
How A Student-Loan Borrower Got $155,000 In Debt Wiped Out Through Bankruptcy Using New Relief Guidance
According to Stretto Senior Managing Director Igor Roitburg, the new bankruptcy process for student-loan borrowers still isn’t perfect. The timeline for borrowers to receive a bankruptcy decision can still widely vary and that uncertainty is a roadblock for some borrowers and attorneys to participate, but there is hope, as interviewed in Business Insider.
Young Attorneys Using AI: The Benefits And Best Practices
In Law360, Stretto Chief Revenue Officer Robert Klamser, Co-President and Chief Operating Officer James Le, and Managing Director Randall Reese explain that the future of legal practice belongs to those who can combine traditional legal expertise with technological fluency. Young attorneys have a unique opportunity to lead this transformation.
7 Key Signs Bankruptcy Is Not A Bad Thing For You
According to Stretto President Scott Barna, filing for bankruptcy can provide a fresh start for distressed borrowers to resolve their personal debt obligations and move forward with financially sustainable futures, as interviewed in GOBankingRates.