Senator Elizabeth Warren wants the U.S. Department of Justice to do more to educate student loan borrowers about the new, easier path to filing for bankruptcy.
Senator Elizabeth Warren, D-Mass., wants the U.S. Department of Justice to do more to educate student loan borrowers about the new, easier path to filing for bankruptcy.
In a May letter reviewed by CNBC, the Democratic senator from Massachusetts, along with Sen. Sheldon Whitehouse, D-R.I., wrote to, director of the U.S. Trustee Program at the Department of Justice, urging her"to continue to educate borrowers, attorneys, and courts" about the Biden administration'sreleased by the U.S. Department of Education and Justice Department in the fall of 2022.
"DOJ and ED must work harder to encourage borrowers to seek relief — and deliver on that relief when requested," they added.Malissa Giles, a consumer bankruptcy lawyer in Virginia, agreed that the government needed to better inform borrowers and lawyers about the new process.
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