Debts related to education: tuition, student loans, room and board, etc, are generally not dischargeable in Chapter 7 bankruptcy. There is an exception, if the debtor can show that they are an undue hardship to repay. There are two lines of...
Rapid Fire Q&A
Here are a sampling of questions I have been getting regarding bankruptcy an bankruptcy process. If you would like further bankruptcy information, please contact my law office.
Student Loans – Mostly Nondischargable
as printed in the Sun Times:
Students and loans: 'Til death do us part
May 6, 2007
BY DAVE NEWBART Staff Reporter email@example.com
They liken it to a financial death sentence.
They can't get a car loan, a home mortgage or any other type...