Are non-federal student loans dischargable in bankruptcy cases?
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Read More Answered By: Gregory Napier |
I am afraid that the same requirments for dischargeability apply to private institution student loans as to the federally guaranteed loans. Both of them can be discharged, but only with a showing that having to repay them would be unduly burdensome on the debtor. This is actually a pretty hard standard to meet, but not impossible if the facts are right. |
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