Home > Debt Articles > Student Loan Related > Student Loan Bankruptcy Discharge

Student Loan Bankruptcy Discharge

Private Loans For Unaccredited School Not Student Debt in Bankruptcy

law books

By Los Angeles Bankruptcy Attorney Christine Kingston I was just talking with a friend of mine the other day, Damon Day; and he was mentioning that he is seeing more and more folks all across the country, who have attended these unaccredited schools and carrying an enormous amount of student debt. I mentioned to him that I’ve already been in ... Read More »

How Many of the Sallie Mae and Navient Student Loans Are Actually Eligible for Bankruptcy Discharge? Loads!

surprise

I was recently working on an article about private student loans that sure look like they should have been discharged in the students bankruptcy filing. It looks as if the loans were issued for a course of study that is not certified for Title IV funding. I know that sounds like a bit of a technical statement but keep reading. ... Read More »

Eary Tests to Prove (Justify) Undue Hardship

get out of debt

SEVERAL TESTS CREATED – YET NOT A SINGLE STANDARD If you are one who is following this blog I want to thank you. I first began blogging nearly a year ago now. My very first attempt at publishing here was on May 19th, 2015. The subject of that first informative posting was about Undue Hardship Tests. The title I used ... Read More »

A Bunch of These Navient Private Student Loans May Really be Eligible for Bankruptcy Discharge Today

Closeup portrait of handsome young man looking shocked surprised in disbelief with hands on face looking at you camera isolated on background. Positive human emotions facial expressions

Bankruptcy attorney Chad Van Horn has recently filed suit against Navient for attempting to purse student loans after a consumer bankruptcy. The issue stems from the fact the loans appear to not be protected from bankruptcy, yet Navient continued to attempt to collect on them. If the loans were not protected in bankruptcy, they would have been fully discharged and ... Read More »

My Theory of Why My $130K of Federal Student Loans Was Discharged in Bankruptcy

stolen idea

THE DISCHARGE OF $130,000 WAS SETTLED WITHOUT A TRIAL! HERE IS MY THEORY OF WHY! AT A MOTION HEARING, THE DEPT. OF ED. MOVED TO STRIKE MY COMPLAINT. BY COUNTERING THAT MOTION, THE DEPT. OF ED. SAW I WAS NOT GOING TO FOLD! THE JUDGE GAVE THE DEPT. OF ED. JUST THREE DAYS TO ANSWER MY COMPLAINT. WHAT THE DEPT. ... Read More »

Things Get Real on Student Loan Elimination by Borrower Defense

Dog using a laptop and surfing the web

The Department of Education has released a massive proposed rule that aims at finalizing a process to allow people who have been defrauded by their schools, a process to eliminate their federal student loans. It also would create a process for student loan borrowers to also seek to get back loan payments they made to schools found to have misled ... Read More »

43-Year-Old Mom Wins Partial Discharge of Federal Student Loan Debt

young woman protects little girl from wind in garden

My friend and fellow student loan informationalist, Wm. Richard Fossey, emailed me to share a recent undue hardship victory which I want to discuss this week. The case was decided on May 3rd, 2016, in the U.S. Bankruptcy Court in the District of Idaho. The link to the full context of the decision is here: http://business-finance-restructuring.weil.com/wp-content/uploads/2016/05/McDowell-5-4-2016.pdf The plaintiff, a 43 ... Read More »

Eary Tests to Prove (Justify) Undue Hardship

get out of debt

SEVERAL TESTS CREATED – YET NOT A SINGLE STANDARD If you are one who is following this blog I want to thank you. I first began blogging nearly a year ago now. My very first attempt at publishing here was on May 19th, 2015. The subject of that first informative posting was about Undue Hardship Tests. The title I used ... Read More »

Did My Bankruptcy Attorney Make a Mistake by Not Getting My Student Loans Discharged?

Businessman trying to solve a maze questions

Question: Dear Steve, I was laid off 11/3/2008 with 2 kids in college and the sole financial provider for 3 kids and my wife. I paid every bill on time through June of 2011 despite being out of work the 1st time for 17 months. I filed chapter 7 in July of 2011. I survived by using my retirement accounts ... Read More »

I Went to University of Phoenix Without Graduating from High School

Money puzzle piece

Question: Dear Steve, I went to University of Phoenix back in 2002. I started going to classes onsite in Dallas but then moved to online approach when I relocated to another state. I finished the Master of Arts in Organizational Management in 2004 but have not been able to use the degree..in fact took it off my resume. It is ... Read More »

I’m a Pilot. Can My Student Loans Be Discharged in Bankruptcy?

You want your pilot to use a checklist so they don't miss anything important, don't you?

Question: Dear Steve, I am a pilot who currently has several private student loans that are making me unable to own a home or even live on my own. I was a victim of scam in which they said my loans would be discharged in court meanwhile I was supposed to pay a very large fee. Upon some investigation I ... Read More »

Is the Mark Tetzlaff Case Over at the Supreme Court? Maybe Not.

Businessman Humble Opinion Handsome Man

By Gordon Wayne Watts This is a follow-up to this story that Steve wrote about Mark Tetzlaff and his student loan Supreme Court efforts. We recall Mark Tetzlaff, a law student with a staggering $260,000 in college loan debt, is a 56-year old, Waukesha, Wisconsin resident, who lives with his eighty-five-year-old mother, both of whom subsist solely the income from ... Read More »

Department of Education Serious About Discharging Fraudulent Student Loans

business people group talking discussing chat communication social network flat icon design vector illustration

The Department of Education is getting very serious about a process that would allow those with federal student loans to apply for a full discharge of their loans if the schools deceived them. It’s an approach and subject I’ve talked about here. Recently the U.S. Department of Education released a proposal that would establish borrower-friendly processes for seeking and obtaining ... Read More »

The Borrower Defense Pothole That Will Swallow Many Trying to Forgive Student Loans

Closeup portrait of handsome young man looking shocked surprised in disbelief with hands on face looking at you camera isolated on background. Positive human emotions facial expressions

The Federal Trade Commission recently put out advice advising student not to pay for help in submitting a claim to have all of their federal student loans forgiven due to fraud. This fraud issue is one where many people could actually have all of their federal student loans forgiven. See my recent article on this here, here, here and here. ... Read More »

Using This Information Man Discharges $130K in Federal Student Loans in Bankruptcy

an Young happy woman at the computer

I’ve been going on-and-on about a July 7th, 2015 statement put out by the U.S. Department of Education that talked about how the government has made allowances to approve the discharge of federal student loan debt through bankruptcy, in some situations; namely, under the “Undue Hardship” clause of the Federal Bankruptcy Code, under the exception rule commonly known as 11 ... Read More »

Get My FREE Get Out of Debt Guy Newsletter

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt. You can unsubscribe at any time with just one click. After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.

I promise to keep your email safe and secure.