Consumers Win Ruling on Bankruptcy Debt
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The Supreme Court made it easier for financially troubled people to go to Bankruptcy Court to get relief from education loans or other debts.
Justices sided with a former Tennessee student who claimed she could not afford payments on $4,000 in state-backed education loans.
The state argued that it could not be taken to federal Bankruptcy Court against its wishes. Justices agreed 7 to 2, though, to let Pamela Hood pursue her case.
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