How Does Student Loan Bankruptcy Work?

To start, look for a qualified lawyer who can assist you in getting your student loans discharged through a bankruptcy.

The American legal system strongly advises hiring a lawyer, even though it is not necessary, to help you navigate the difficult procedure.

Your lawyer will assist you with case preparation and bankruptcy type selection. While Chapter 13 bankruptcy compels you to reorganize and return part or all of your debts over time, Chapter 7 bankruptcy allows you to wipe the majority of your unsecured debts.

You must submit an attestation document to the government detailing your loans and financial situation if you want your federal student loan obligation discharged.

In order for the court to discharge your student loans in the event of bankruptcy, you must also initiate an adversary procedure. To prove undue hardship, this lawsuit was filed independently of your bankruptcy case but in connection with it.
Previous Post Next Post

نموذج الاتصال