For federal student loans, the forbearance program is extended until at least January 31, 2021. This means at least a temporary pass on qualifying loans with no interest for a few more months. At Cross Stone Law, we only handle bankruptcy cases. We will evaluate your student loan debt for the possibility of discharge [...]
SUMMARY: Student loans can be discharged in bankruptcy only upon proof of undue hardship. The standard of evidence required is extremely high. Even where the student loan is not dischargeable, bankruptcy may help some by discharging other debt or restructuring debt, to make money available to pay the student loan. Don't Do Nothing. Taking [...]
With the declining economy and lack of jobs, more people are going back to school. They hope more education will qualify them for a higher-paying job. They live on student loans and borrow to pay all expenses. Unfortunately, more education is no longer a guarantee of a higher-paying job or even a job. Before [...]