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Number of Articles Written: 2
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Featured Articles
Requesting a Bankruptcy Hardship DischargeFiling for Bankruptcy to Eliminate Student Loan Debt
Requesting a Bankruptcy Hardship Discharge
If a Chapter 13 debtor becomes unable to complete a Chapter 13 repayment plan due to illness or loss of a job, the debtor may request a hardship discharge. A hardship discharge allows the debtor to have all debts discharged, as if the debtor completed the Chapter 13 plan. However, the bankruptcy court will consider several factors before granting a hardship discharge.
Words: 481 Downloads: 0 Category: Law By: Elizabeth HannersenFiling for Bankruptcy to Eliminate Student Loan Debt
This article contains information for consumers that are considering filing for bankruptcy due to their student loan debt. The article explains that a student loan discharge is rare in bankruptcy. In addition, the article discusses the undue hardship test, and the factors the debtor must prove to the Bankruptcy Court to obtain a student loan discharge.
Words: 447 Downloads: 0 Category: Law By: Elizabeth Hannersen