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Alrena Dale, 61, got $155,000 in student loans discharged through bankruptcy. ... to seek relief in bankruptcy court before 2022 is that borrowers had to prove an "undue hardship" standard, in ...
To get student loans discharged, you'll need to prove that they cause you "undue hardship." Borrowers can choose between Chapter 7 and Chapter 13 bankruptcy, but they must file a separate ...
“In essence, the Department of Justice has altered how it assesses for ‘undue hardship’ for individuals filing for bankruptcy to determine whether to discharge student loans as well,” he said.
In most cases, student loans are not eligible for discharge. ... In addition, if you can prove that the loans cause undue hardship and that you have made every attempt to repay them, then the debt ...
Federal loans and some private loans can be discharged in bankruptcy by demonstrating that the loan does not meet the requirements of section 523(a)(8) [108] of the bankruptcy code or by showing that repayment of the loan would constitute "undue hardship".
In theory, student loan debt can be discharged in a bankruptcy proceeding. If the bankruptcy court approves the discharge, the debtor has to submit a separate filing to prove “undue hardship ...
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