Can Bankruptcy Assistance With Education Loan Debt?

Can Bankruptcy Assistance With Education Loan Debt?

Except in infrequent cases, student education loans aren’t dischargeable in bankruptcy.

Regrettably, student education loans are incredibly hard to discharge in bankruptcy. But filing for Chapter 13 bankruptcy can certainly still assist you to wait education loan re re re payments and lower your expenses that are monthly. Keep reading for more information on how figuratively speaking are addressed in bankruptcy.

Student Loans Typically Can’t Be Discharged in Bankruptcy

Particular obligations (called debts that are nondischargeable can’t be eradicated in bankruptcy. Except in infrequent cases, you can’t eliminate of one’s education loan financial obligation by filing for bankruptcy. (more…)

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