Student Loan debt is a unique liability. It’s one of the hardest forms of debt to discharge in bankruptcy. After more than a decade of students strapped to their loans with no end in sight, the Federal Reserve Chairman Jerome Powell said “I think alone among all kinds of debt, we don’t allow student loan debt to be discharged in bankruptcy … I’d be at a loss to explain why that should be the case.
Read more about his Senate Hearing testimony
Learn more about student loan Repayment Options
Do have more questions about student loans and bankruptcy?
Navigating student loan repayment can be tricky. If you have any questions about bankruptcy, we can help you walk through the process. Call us today at 405.801.2515.