Filing for Bankruptcy? You May Also Get Out of Paying Your Student Loans
Ever chatted with someone who has so much debt they feel overwhelmed? Maybe Ill just file for bankruptcy, they might say. But then, the inevitable caveat: Id still have my student loans, though. And in the coming years, it may actually get easier. You must pass whats called the undue hardship test. There is evidence that this hardship will continue for a significant portion of the loan repayment period. You made good faith efforts to repay the loan before filing bankruptcy....