Student Loans and Bankruptcy

For the most part, bankruptcy will discharge most debts.  However, that is not the case when it comes to student loans.  The vast majority of time, student loans are not dischargeable in bankruptcy.  They will simply ride through and you will still owe the money.  There is now a small exception that has been established, that has caused some to re-look the issue.  In some rare cases judges have discharged student loans, but only in some pretty extreme cases.  Judges are not quick to do this often, or at all, but they have done it.  If you think you may have such an extreme situation, then retain a good bankruptcy attorney who is able to research the case law and apply the judge made decisions to your situation, to see if you have a case that fits with past decisions.  If you need to consider such issues, please give my office a call for a consultation.

Todd Courser 810-245-0813