I recently graduated from college but can't afford my student loan payments. Can bankruptcy help?
Find out if Chapter 7 or Chapter 13 bankruptcy can help if you are a recent college grad and cannot afford your student loan payments for the time being.
I owe tuition, room, and board to my former college. Can I discharge this debt in bankruptcy?
If tuition, room, and board debt is not a loan, you can discharge it in bankruptcy.
I charged college books and a computer on my credit card. Can I discharge that debt in bankruptcy?
Credit card debt for education expenses can be wiped out in Chapter 7 bankruptcy.
I took out a loan from an unaccredited vocational school. Can I discharge the loan in bankruptcy?
Loans made by unaccredited schools can be wiped out in bankruptcy without proving hardship.
Can I discharge a private consolidation loan in bankruptcy?
If you consolidated your student loans into a private consolidation loan, you must meet the undue hardship test in order to wipe out the debt in bankruptcy.
I took out a PLUS loan for my son. Can I discharge it in bankruptcy?
You can wipe out a PLUS loan in bankruptcy if you demonstrate undue hardship.
Will bankruptcy get rid of a cash advance used to pay off my student loan?
In most situations, if you pay off student loans with cash advances from your credit card, the cash advance debt won't be discharged in Chapter 7 or Chapter 13 bankruptcy. Here's why.
Student Loan Debt in Bankruptcy
Most debtors will not be able to discharge (wipe out) student loan debt in Chapter 7 or Chapter 13 bankruptcy.
Private Student Loans in Bankruptcy
If you have a private label student loan, it is very difficult, but not impossible, to discharge it (wipe it out) in Chapter 7 or Chapter 13 bankruptcy.
Discharging Student Loans in Bankruptcy: The Western States
Wiping out student loans in Chapter 7 or Chapter 13 bankruptcy is not always easy.
Discharging Student Loans in Bankruptcy in Indiana, Illinois, and Wisconsin
In order to wipe out student loans in bankruptcy, you must prove to the court that paying them would cause you undue hardship.
Wiping Out Student Loans in Bankruptcy: The Ninth Circuit Hedlund Case
Discharging student loans in bankruptcy has always been fairly difficult.
Discharging Cosigned Student Loans in Bankruptcy
If you are the cosigner on someone else’s student loan, in most courts you cannot discharge your obligation to repay that loan unless you meet bankruptcy’s undue hardship standard.
Does Bankruptcy Stop the Collection of Student Loans?
Bankruptcy's automatic stay stops student loan collection during your bankruptcy, including wage garnishment and bank account attachment.
Getting College Transcripts Through Bankruptcy
Most courts require schools to release your transcripts when you file for bankruptcy.
Student Loans and the Chapter 7 Means Test
In some cases, a large amount of student loan debt can help you qualify for Chapter 7 bankruptcy.