Victory! Student Debtor gets over $320,000 in Student Loans Discharged in Bankruptcy Case with the help of Public Counsel and Greenberg Glusker
July 24, 2020 – Media MentionKeith Patrick Banner, attorney in Greenberg Glusker's Bankruptcy, Reorganization & Capital Recovery practice, worked in conjunction with Public Counsel on a pro bono matter that resulted in over $320,000 in student debt being discharged for one individual. The matter is featured in the article, "Victory! Student Debtor gets over $320,000 in Student Loans Discharged in Bankruptcy Case with the help of Public Counsel and Greenberg Glusker," published by Public Counsel on July 24, 2020.
Excerpt:
“The breath of fresh air feels like a second chance,” Venegas shared. “I am extremely grateful to Public Council and Greenberg Glusker LLP for helping me to emerge out of my insurmountable student loan debt.”
“This case is important, not just because of the relief it provided for Mr. Venegas, but because his story reflects a systemic problem in the student loan industry,” said Banner. “Even when someone ‘plays by the rules’ and diligently navigates the cumbersome procedures for deferments, forbearances, extended repayments and the slew of other programs available, the never-ending accumulation of interest too often results in debt that is impossible to get out from under. A change in policy is desperately needed and we hope cases like Mr. Venegas’ help push this critical discussion forward.”