What Happens to My Student Loan if my Bank or Lender Collapses?
A bank failure can have significant impacts for student loan borrowers.
A bank failure can have significant impacts for student loan borrowers.
Years of minor changes eventually made it nearly impossible to discharge student loans in bankruptcy, but for the first time in years, borrowers may now have reason for optimism.
A new Department of Justice policy will make it significantly easier for federal borrowers to get bankruptcy relief on their student loans.
There are not many attorneys who specialize in student loan law. Finding the right lawyer may require a bit of effort.
Discharging student debt in a bankruptcy isn’t impossible. However, it is really hard. The rules for student loans are different from most other forms of debt.