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Tag Archives: student loans bankruptcy

Can You Discharge Private Student Loans in Bankruptcy?


There’s a big misconception that private student loans can never be discharged in bankruptcy. People have repeated that statement so often they believe it to be a fact. The only problem is it’s not quite true. Some private student loans are clearly eligible to be wiped away in a consumer bankruptcy. Even in a Chapter 7 bankruptcy, it takes only ... Read More »

    Will You Finally Be Able to Get Rid of Your Student Loans in Bankruptcy?

    help woman

    This week the White House announced a new Student Aid Bill of Rights, which aims to help federal student loan debtors with better options and more clarity in dealing with their problem student loans. While most of the new initiatives announced are geared toward eliminating unnecessary payment hurdles and make dealing with federal student loan repayment options easier, one section ... Read More »

      A Look at a Cosigners Navient Student Loans Discharged in Bankruptcy

      Student Loans Concept

      As part of what has become an ongoing look at student loans discharged in bankruptcy the example today is where a cosigner discharged their liability for federal student loans with Navient Solutions. This case is yet another example of how the financial hardship of having to repay unmanageable student loans can lead to a discharge of the student loan debt. ... Read More »

        Half Million Dollars of Federal Student Loans Discharged in Bankruptcy


        So many people continue to assume student loan debt can’t be discharged in bankruptcy. Even bankruptcy attorneys perpetuate this myth as well. In previous articles, that you can find here, I’ve shown specific examples of both federal and private students loans discharged. I’ve even pointed out broad niches of student loan debt not protected by bankruptcy, in this article. But ... Read More »

          Dead Son’s Student Loans Still Haunt Father

          Student Loan Corkboard Concept

          by Marian Wang ProPublica It’s been four long years for Francisco Reynoso. The California gardener whose son died in a car accident in 2008 left him buried in grief u2014 and in student debt. At last, the bereaved father is getting some resolution. As ProPublica reported in June, Reynoso was saddled with six figures in student loans that he had ... Read More »

            Why Should I Pay My Student Loans? I Didn’t Get My Degree. – Katherine

            Ready to Collapse

            “Dear Steve, I make very little money have one credit card in default that is suing me for 1700 dollars. I also am about 400 behind in my sale mae loans and have 50 thousand in private student loans. How do I deal with the card that is suing me? Is it to late not to go to court? I ... Read More »

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