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For years, erasing student loans through bankruptcy court has been a long, often unsuccessful process. Biden promised to make it easier, but has he?
The Oregonian SALEM â The COVID-19 pandemic has brought unprecedented hardship to many Oregonians. And yet the number of Oregon bankruptcies fell by more than 25% last year, according to the American Bankruptcy Institute, to the lowest point in many years. Itâs not just Oregon â the national data reflects a similar decline. In Oregon and around the country, consumer and business bankruptcies were down sharply despite the coronavirus recession. That counterintuitive result reflects a number of factors, according to bankruptcy attorneys: Federal relief payments insulated many peo...
Oregon Insight: Despite pandemic, bankruptcies are down sharply Updated Jan 17, 2021; . Your favorite restaurant has gone out of business. Storefronts downtown are boarded up. More than 115,000 Oregonians are unemployed. The COVID-19 pandemic has brought unprecedented hardship to many Oregonians. And yet the number of Oregon bankruptcies fell by more than 25% last year, according to the American Bankruptcy Institute, to the lowest point in many years. It’s not just Oregon – the national data reflects a similar decline. In Oregon and around the country, consumer and business bankruptcies...