Weekly Brief: Lawyers Laid Off After Foreclosure Settlement

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Jan. 10 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia runs through the legal news for the week. A major settlement between Fannie Mae and several large banks has resulted in many lawyers suddenly finding themselves unemployed. Also, as the debate in Washington DC drags on, some believe the debt ceiling fight could end up in the courts. Finally, one former law student has taken an unorthodox approach to paying off his student loans.

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Topics:  Debt Ceiling, Foreclosure, Fourteenth Amendment, Student Loans

Published In: Consumer Protection Updates, Education Updates, Elections & Politics Updates, Finance & Banking Updates, Residential Real Estate Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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