There is a general presumption that student loans cannot be discharged in bankruptcy. The U.S. Bankruptcy Code treats student loans differently than other consumer debt such as credit cards or mortgages. However, it’s possible for a student loan borrower to overcome this presumption. When a court considers the possibility of discharging student loans, the court must examine all the evidence presented.
For example, it’s insufficient simply to say that you can’t pay your student loans. In this case, the U.S. Bankruptcy Court applied a legal standard known as the test, which is the legal test in all circuit courts, except the 8th circuit and 1st circuit. Therefore, most student loan borrowers who seektest.
Appalling. The taxpayers will eventually have to pay that debt.
student loan debt is a struggle and this could be a potential for many to have a less struggling future. MCO335
Excellent but can Navient explain why my kids student loan account suddenly shows a July 2021 due date when kid has in school deferment and all student loans are on pause anyway? SenWarren timkaine CNBC A 'glicth?'. I guess we will wait for July 5 to talk to a drone
I Doesn't have money to eat food and drink water,No 1 gave me ?
There is a program for public and NFP employees to have loans forgiven, but it needs revamped due to poor administration. Outlets do stories on it, but never follow through to push for real change. It is always forgiveness. Why can't service be a component of forgiveness?
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