Student Loans In Bankruptcy

Tuition at many schools around the country (including here in Pennsylvania) has been sharply rising for decades. It is now clear that student loan debt is one of the biggest financial liabilities most Americans will face. Because of this, I am often asked what can be done with student loans in bankruptcy.

Unfortunately, the answer is: not much — at least not directly. In the vast majority of bankruptcy cases, student loans are considered non-dischargeable debt. The only allowable exception would be for individuals who can prove that repaying their student loans would cause undue hardship, which is a very difficult case to make.

Even If you Can't Discharge Student Loans, You Still Have Options

I am attorney John R.K. Solt, and I have been helping bankruptcy clients for 40 years. Even though student loans are almost never dischargeable in bankruptcy, filing for bankruptcy can nonetheless make repayment of your loans more manageable.

By discharging or significantly restructuring other debts, we may be able to come up with a student loan repayment plan that is affordable and sustainable. Contact me using the information below to learn more about how I can help you get your financial life back on track.

Discuss Your Case With A Bankruptcy Lawyer Today

Located in Bethlehem, John R.K. Solt, P.C., serves clients throughout the Lehigh valley. To learn more about your bankruptcy options, call my office at 800-724-5702. You can also reach me by filling out this secure online contact form.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.