Partners Kevin P. McDonough and Michael H. Traison Interviewed by Bloomberg Law Regarding Student Loan Discharges in BankruptcyDecember 14, 2022
Kevin P. McDonough and Michael H. Traison, partners in the firm's Higher Education and Bankruptcy and Creditors' Rights practice areas, were recently interviewed by Bloomberg Law for their expertise in education and insolvency. The article is titled "Biden Bankruptcy Shift Eases Path for Student Loan Discharges" and discusses the U.S. Department of Justice's (DOJ), in coordination with the U.S. Department of Education (DOE), adoption of a new policy and process for handling debtors in bankruptcy seeking to discharge federal student loan debt. The firm also recently published a legal alert on the same topic titled "Student Debt Discharge in Bankruptcy: Movement Toward A Kinder and Gentler Approach."
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About Cullen and Dykman’s Higher Education and Bankruptcy and Creditors’ Rights Practice Areas
Our firm’s Higher Education practice group is a multidisciplinary team committed to helping colleges and universities navigate the ever-changing higher education landscape. Our focus is on providing practical solutions to complex legal problems and avoiding unnecessary expenses. With our Bankruptcy and Creditors’ Rights practice, we are able to offer clients a unique perspective on the issues involved in complex bankruptcy proceedings in a wide range of industries.