Bankruptcy Blog

Overwhelmed by Student Loan Debt? Tips for Getting Things under Control

Securing a student loan might seem like a great idea to help you pay for college, but many graduates soon realize what seemed smart four or so years ago now leaves them strapped with a significant financial burden. If you feel as if your student loan debt is out of control and you are frightened you will never be able to pay off the amount, you are not alone. Hundreds...
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1863 Hits

Is Defaulting on a Student Loan the Latest Trend?

There are millions of people out there that have student loans and many are in the process of repaying these loans – a process that can take decades. And there are also those that are choosing to or not able to pay. The problem with debtors defaulting on student loans has become so widespread, lawmakers have even floated ideas concerning debt forgiveness. According to this information from the Federal Education...
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1977 Hits

Can Student Loans Be Discharged in a Bankruptcy?

Student loans are one of the most common types of debt for Americans and are often the reason people get into financial difficulty. If your student loans and other debts have left you considering bankruptcy, there are a few things you should know. There is a chance declaring bankruptcy will only take care of some of your money problems. Up until 1976 student loans were dischargeable in bankruptcy and were...
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1798 Hits

Bankruptcy and Your Student Loan

For many, the bulk of their debt is from the money they borrowed to attend college. Many people filing for bankruptcy either have a big chunk of student loan debt or are put over the financial cliff when their student loans come due. Furthermore, many of the most common questions from people considering bankruptcy relate to student loans. “Will filing alleviate my student loan debt?” “Can my student loan debt...
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2020 Hits

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