305.676.9545Tag Archives: Student Loan Debt
How Can I Discharge Student Loan Debt in Chapter 7 Bankruptcy?
Student loan debt is notoriously difficult to discharge in Chapter 7 bankruptcy. Unlike other kinds of unsecured loans, federal law grants special protections for most student loans. This means that even if you successfully complete the Chapter 7 process and receive a discharge from the bankruptcy court, your student loan obligations remain. Can a… Read More »
New Legislation may Mean Changes for Private Student Loan Discharges
A new initiative by the Obama administration could ease the path to bankruptcy for borrowers of private student loans. As reported by Inside Higher Ed, the United States Department of Education (DOE) recently released information regarding the Student Aid Bill of Rights, a collection of proposals to help borrowers who are having trouble with… Read More »
There is Rarely Any Student Loan Relief in Bankruptcy
Bankruptcy is often seen as a fresh financial start, providing individuals with a path out of debt and towards better money management habits. Each year, the U.S. Bankruptcy courts receive thousands of petitions from individuals hoping to discharge their debts and start anew. But some types of debt are so strong that they even… Read More »
Late On Your Student Loan? Your Healthcare License Can Be Suspended
Being buried in student loan debt is difficult enough without losing even more on top of it all. In Florida, however, missing your student loan deadline by too many days can cost you more than money and a damaged credit score. If you belong to certain professions, you might lose your your professional license… Read More »
For-Profit College Entices Students with Strippers, Buries Students in Loan Debt
Student loan debt may be one of the most challenging burdens faced by individuals in debt: it is relatively easy to accumulate, it can amount to hundreds of thousands of dollars per student, and it can be extremely difficult to discharge. Although there is no quick fix to getting rid of debt, a debt… Read More »
