Do you know that it is possible to bankrupt your student loans? This is a library of free resources regarding student loans. Do you need help? Contact my office right away. Nick C. Thompson, Attorney: 502-625-0905
It is my goal to be known as the go-to attorney in Kentucky and Southern Indiana for student loan bankruptcy cases. The cases below are some of the most important cases about getting student loan discharges and are well-worth reading. The link on the left is the document the description for the document is on…
A person will often file bankruptcy to eliminate their unsecured debts and then apply for an income based repayment plan to repay student loans. You can have a student loan which is paid directly often as a business or long term debt expense. This can reduce the Chapter 13 plan payment and keep the student…
After October 2005 private student loans also required a showing of hardship to obtain a discharge in bankruptcy. But private student loans are subject to the statute of limitations and other collection laws. A Chapter 13 can run the clock until private student loans become noncollectable. To find out if your loan is a federally…
In an ABI podcast (see link below), two law professors discuss the Student Loan Bankruptcy Reform Law. The topic is on student loans should be made more easily dischargeable in bankruptcy. They discussed possible methods of how to do it. One law Professor proposed student loans could be valued using what an unsecured lender pays…