Student Loan Debtor Near Retirement Told to Live Poor for the Rest of Her Life

Audrey Eve Schatz, a 64-year-old single woman, attempted to discharge $110,000 in student-loans through bankruptcy, but Judge Elizabeth Katz, a Massachusetts bankruptcy judge, refused to give Ms. Schatz a discharge. Why? Because Schatz had enough equity in her home to pay off all her student loans. This is Ms. Schatz’s sad story as laid out … Read more