MA man fights $250G learner loan debt for his three kids

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Source:   —  April 16, 2016, at 5:42 PM

The Boston Globe reports that a federal appeals Ct has urged a bankruptcy judge to consider a settlement with the company that holds the loans to authorize Robert Murphy, of Duxbury, to erase the debt.

A MA man who owes about $250.000 he borrowed to keep three children through college has won a major Ct triumph in his effort to have the debt forgiven.

The Boston Globe reports that a federal appeals Ct has urged a bankruptcy judge to consider a settlement with the company that holds the loans to authorize Robert Murphy, of Duxbury, to erase the debt.

A bankruptcy judge and district Ct judge previously ruled that the 65-year-old Murphy failed to prove repaying the loans was an undue hardship, as required by law.

The first Circuit Ct of Appeals sent the proposed settlement back to bankruptcy court. It'south presently up to the bankruptcy judge to rule.

Murphy says he was unable to discover work after being laid off fourteen years ago.

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