Key Takeaways. Although challenging, you may discharge student loans by filing Chapter 7 or 13 bankruptcy. To discharge your student loans, you must take the extra step of filing an adversary ...

To file for student loan bankruptcy, first file for Chapter 7 or Chapter 13. Next, you'll file an adversary proceeding for the court to evaluate a student loan discharge.

A student loan bankruptcy is a separate trial process from an existing Chapter 7 or Chapter 13 filing. Debtors who want to discharge their student loan through bankruptcy must file an adversary ...

In March, she set out to have her student loan, which she took out in 2009, discharged in bankruptcy court. Court documents from July valued it at more than $26,000 with interest, though the ...

Student Loans. Rep. Mary Gay Scanlon (D -PA) introduced new legislation today that would make it easier for you to discharge student loans in bankruptcy if you are struggling financially and have ...

To get student loans discharged, you'll need to prove that they cause you "undue hardship." Borrowers can choose between Chapter 7 and Chapter 13 bankruptcy, but they must file a separate ...

In January 2020, the U.S. Bankruptcy Court for the Southern District of New York discharged over $200,000 of student loan debt for one borrower.

Discharging student loans through bankruptcy requires you to prove that repayment poses an "undue hardship.” Many, or all, of the products featured on this page are from our advertising partners ...

Alrena Dale, 61, got $155,000 in student loans discharged through bankruptcy. Biden's new bankruptcy guidance, aimed at easing the process for borrowers, made that possible.

More student debtors in bankruptcy may be motivated to try, now that the White House’s plan to cancel up to $20,000 in federal debt has been derailed by the Supreme Court, and federal loan ...

When student loan payments get burdensome, the idea of discharging your loans altogether through bankruptcy may start to sound like the next best option. Through bankruptcy, you would be ...