Student loans generally don’t appear to be dischargeable in bankruptcy outside of special circumstances…
Many states use the test determined in:
Brunner v. New York State Higher Educ. Servs. Corp.
See these links for info on student loans & bankruptcy.
http://www.bankruptcyhome.com/studentloans.htm
http://www.salliemae.com/after_graduation/
http://www.studentloanborrowerassistance.org/bankruptcy/
More Chapter 7 bankruptcy news coming tomorrow…
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2 Comments
Students are the easy target for credit card companies. Bankruptcy is common among students these days. Hope the new President will do something about it.
That’s unusual, I would have thought they would have been.
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