- Alrena Dale, 61, got $155,000 in student loans discharged through bankruptcy.
- Biden’s new bankruptcy guidance, aimed at easing the process for borrowers, made that possible.
- Some attorneys told BI that the new guidance is a big help, but more outreach would be helpful.
Alrena Dale, 61, had her six-figure student-loan balance wiped out after decades of payments. She’s one of hundreds of borrowers who have received relief after new changes to the bankruptcy process.
Though Dale filed over five years ago, President Joe Biden’s new bankruptcy guidance, which streamlined the information she needed to provide in order to qualify for relief, was a turning point in her case.
In August 2023, Dale was finally…
