Student Loan Hardship Discharge Bankruptcy Resources • Video
Are you looking for information about your student loan hardship discharge bankruptcy? Below you will find important resources to assist you with better managing or discharging your student loan. First, you must understand that student load discharges are not impossible. So, don’t assume you can’t discharge your student loan. In fact, there might be an […]
Partial Student Loan Hardship Discharge
Again, no one should assume that their student loan is not dischargeable in bankruptcy. The fact is, every year about 500 people nationwide get student loan discharges. First, you have to prove that you do not have enough income to cover basic health care and essential food, shelter, and clothing if you continue to pay […]
Hardship Discharge Student Loans • Video
Some student loans automatically discharge if you list them correctly and file them properly. Not waiting for the proper length of time to discharge them is probably malpractice. In addition, not waiting for the proper length of time to discharge income taxes can also be fatal. This is the quick four-part checklist we use to […]
Student Loan Default Rates
We’ve all heard about colleges encouraging students to go into debt for degrees that fail to equip students to repay the debt. Government loans balloon the default, which taxpayers ultimately repay. But, you can be sure the servicers find such penalties highly profitable. The default charges include a 25% penalty when the lender first declares […]
Government Student Loan Garnishments and Collections
Don’t take our word for it! According to a Wall Street Journal Article by Josh Mitchell on April 7th, 2016 over 43% of student loan borrowers don’t make full repayment on their student loans. With 1.3 trillion currently owed in student loan debt, that number has serious meaning. 3.6 million borrowers are in default (12 […]
Student Loan Bankruptcy Qualifications
Yes, it is hard to bankrupt student loans. In fact, we think that some judges go beyond the standard. Also, federal bankruptcy courts sometimes grant bankruptcy student loan discharges based on section 523(a)(8)’s “undue hardship” standard. However, while some courts allow attorneys and doctors to discharge a student loan, others are harsh. Student Loan Bankruptcy […]
