According to studentaid.gov, proving undue hardship requires the bankruptcy court to recognize one of the following situations: That repaying your student loans would prevent you from maintaining ...

To file for student loan bankruptcy, you will first need to file for Chapter 7 or Chapter 13 bankruptcy. You will then need to file an adversary proceeding (AP) to have your student loans ...

A growing number of Americans are filing for bankruptcy in order to offload their student loan debt after a three-year ...

While it can be difficult to discharge your federal student loans in bankruptcy, it’s possible in some cases. Originally, borrowers have needed to prove through an adversary preceding in ...

Life led Elizabeth Hadzic and Kim Coles to bankruptcy court. Hadzic, 50, a psychotherapist in Maryland, doesn’t make enough ...

Drowning in debt, more and more Americans are taking advantage of a Biden-era change that has made it easier to have student loans forgiven - if they're willing to apply for bankruptcy.

You recently declared bankruptcy. It's not impossible to refinance student loans if you've declared bankruptcy, but it's more difficult. Many lenders require that a certain amount of time ...

A Des Moines police chief finalist is $840,000 in debt, raising questions about the vetting process before narrowing down the ...

Bankruptcy can discharge medical bills, past-due rent and utility bills, credit card debt, car loans and even personal loans. However, certain debts, such as student loans, are not automatically ...

There are certain debts and obligations that can’t be forgiven during the bankruptcy process. Those obligations include: Child support and alimony Student loans (except in limited circumstances ...

This article will uncover how bankruptcy works and some debts and loans that cannot be cleared. We'll also look at some alternatives to bankruptcy, including personal loans, that you can employ ...