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Can Student Loans be Discharged Through Bankruptcy?

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

US Bankruptcy Court Discharge

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 […]