A bankruptcy judge has ruled that a 2004 graduate of Yeshiva University’s Cardozo Law School may erase more than $220,000 in student loan debt in what is being described as a“stunning” decision.

What the law states grad, 46-year-old Kevin Jared Rosenberg, represented himself. Their income that is annual is than $38,000, along with his month-to-month income after costs operates at a deficit of approximately $1,500, in line with the Jan. 7 viewpoint by Chief U.S. Bankruptcy Judge Cecelia Morris associated with Southern District of brand new York.

The Albany circumstances Union, which noted the “stunning decision, ” plus the Wall Street Journal have protection.

Rosenberg’s consolidated education loan was at forbearance or deferment for ten years beginning in April 2005. (more…)