Can Bankruptcy Wipe Out Student Loans?

You may have heard that student loans are one of the hardest kinds of debt to eliminate. This is true for many people, with at least two major exceptions. Does either of these describe your situation?

  • If through some extraordinary difficulty, such as a catastrophic injury or incurable disease, you have become unable to repay your student loans, they may be dischargeable. You will need to demonstrate to the bankruptcy court that repaying your student loans would place undue hardship on you or your dependents.
  • If you are able to make student loan payments but have fallen into arrears, you may be able to restructure all your debt load, including your unpaid and future student loan payments, into an affordable monthly amount by filing Chapter 13 bankruptcy. Debt restructuring through Chapter 13 will likely mean reducing or eliminating burdensome interest rates, late payment fees and other penalties.

Have you looked at debt consolidation schemes and determined your student loan payments stand in the way of any debt relief alternative? Bankruptcy may be the way, and it is worth your while to find out.

Explore all your options in the face of overwhelming student loan debt with the help of an experienced, empathetic bankruptcy attorney. I am April Perry Randle in Cleveland, Tennessee, and I would be glad to talk over your circumstances with you.

Every case is unique, and through dialogue with you, I may be able to point the way to debt relief for you, taking into account your student loans and other financial and personal issues.

A Careful Review Of Your Financial Matters Is The Next Step

You have nothing to lose and potentially much to gain by taking advantage of my offer of a free initial consultation. As a lawyer with many success stories under my belt, I can explain how I have helped other people make student loan repayment manageable. Previous clients have resolved student loan problems while restructuring other types of debt through Chapter 13 bankruptcy.

Let's talk about your situation. I will let you know what to expect after filing bankruptcy and how you can rebuild credit afterward. Call my TN bankruptcy law firm at 423-464-6908 or send an email message through this website to request a free consultation.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.