Can Student Loans be Discharged Through Bankruptcy?
Student Loan Debt Crisis in The US The student loan debt crisis in the US has become a significant issue. As of March 2023, there are approximately 44 million Americans who have a total of $1.6 trillion in student loan debt. [1] The increasing number of borrowers walking away from debt from student loans in […]
US Bankruptcy Court Discharge of $200,000 in Student Loans
Student Loans in Bankruptcy A new ruling by a U.S. appeals court has affirmed the cancellation of a borrower’s $200,000 in private student loans. Student loans have been nearly impossible to discharge in bankruptcy. But a recent court case may signal the beginning of a change for student loan borrowers. A recent Court of Appeals just […]