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Bankruptcy

: Florida Bankruptcy Law

Student Loan Discharge: Bankruptcy Court Explains Undue Hardship

By Jonathan Alper

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Bankruptcy clients usually accept the fact that student loans are not dischargeable. Some clients are aware of the "undue hardship" exception where these loans can be discharged. It is very difficult to wipe out student loans as an undue hardship. A recent bankruptcy court decision, issued in November, 2007, explained the undue hardship standard in detail and why it applies to so few debtors. The case is In Re Cynthia Matthews-Hamad, Case No. 02-15746-8W7 and Adv. Pro. No. 05-81. The b read more

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Full post as published by Florida Bankruptcy Law on February 27, 2008 (boomark / email).

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