Like you, the team at Gold & Hammes has been closely monitoring the Covid-19 situation. In accordance with the shelter-in-place order issued by the Santa Clara County Department of Public Health, we are doing our part to participate in this shutdown for the health and safety of our community. Starting March 17, 2020, our physical office has been closed. We do not know how long we will be required to keep our physical office closed, but it is expected to…
America’s student loan debt continues to spiral out of control, a ticking time bomb for our nation’s financial future. At the end of 2018, student loan debt hit over $1.5 trillion, tripling in size since 2006. Tuition costs grew exponentially as state and federal funding of higher education diminished. At the same time, college education became a prerequisite for starting a career. Students took out these loans in good faith, only to be faced with unprecedented debt burdens as they try…
As a member of the Legislative Committee of the National Association of Bankruptcy Attorneys, Norma Hammes led NACBA’s effort in drafting its comment letter urging the Department of Education to release data and simplify the undue hardship analysis.