Cost of Education, Domestic, Infographics, Required, Student Loans, Unemployment, Universities & Colleges - Written by on Saturday, October 27, 2012 9:50 - 2 Comments

Infographic: Does Claiming Bankruptcy Wipe Out Student Loan Debt?

Can Claiming Bankruptcy Discharge Student Loan Debt

 

Students who rack up and discover their diploma does not open employment doors may think that a worst case scenario is to declare bankruptcy. They’d be right. But what they may not realize is they might not even qualify.  Here’s why:

 

Can Claiming Bankruptcy Discharge Student Loan Debt?
From: OnlineColleges.net



2 Comments

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Kelly Wheeler
Dec 4, 2012 17:23

Great article. As bankruptcy attorneys we have not seen anyone going chapter 7 or 13 who successfully discharged a government debt. Most kids go to school but don’t look before they leap. If a parent cosigns a students loan than make sure to take a life insurance policy on them as a death than obligates the parent to fulfill the loan balance. Just some thoughts.

Get Seen On Page 1 Of Google
Jan 5, 2013 11:39

I appreciate, lead to I found exactly what I used to be taking a look for. You’ve ended my 4 day lengthy hunt! God Bless you man. Have a nice day. Bye

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