Finally! Some Good News About Your Student Loans!

1

The general rule is still found under Section 523(a) (8) of the Bankruptcy Code. Student loans are not dischargeable in bankruptcy unless the bankruptcy court finds repayment of the student loans would cause you an undue hardship;

2

However, Congress has streamlined the process for determining if repayment of the student loan would cause you an undue hardship and thus qualify you for a student loan discharge.

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This NEW streamlined process makes it easier and cheaper to determine whether your student loans can be discharged in bankruptcy as part of the bankruptcy process.

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LifeBack Law Firm represents Minnesotans in bankruptcy obtain student loan discharges.

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