Student Loan Debt

Discharging a Student Loan through Bankruptcy

While it can be difficult to discharge a student loan through bankruptcy, it is possible.   The Federal Bankruptcy Code http://codes.lp.findlaw.com/uscode/11/5/II/523 requires that Debtor’s prove that the payment of the student loan would impose an “undue hardship” to themselves or their dependents.   For example, if a debtor is not able to maintain a “minimal” standard of Continue reading