Category: Discharging student loans in bankruptcy
Don’t Assume Your Student Loans Aren’t Dischargeable in Bankruptcy
It gets hammered into people’s heads that student loans, even private student loans, can’t be discharged in bankruptcy. Federal student loans can’t be discharged without proof of substantial hardship. Certain qualified private student loans get the same treatment, but there are enough exceptions that it would be wrong to assume that your private student loans […]