In our last post, we discussed the right of debtors to choose when to file bankruptcy and a court case which helped confirm these rights. In this post, we discuss yet another recent court ruling which seems to favor the debtor. In this case, the ruling provides bankruptcy filers more protection from creditors.
More on Student Loan Interest Held Dischargeable by Supreme Court
Filed under Bankruptcy legislation, Consumer Protection, Student Loans and Bankruptcy by
It is important to know that when you file for bankruptcy, not all debts will be erased. Student loan debt, for example, is typically not forgiven when you file for bankruptcy (although there are exceptions). Below find a list of some of the other debts, in addition to student loans, that will not be erased by bankruptcy. Due to the student loan exceptions hinted at earlier, more detail on student loan debt and bankruptcy will follow.
Filed under Student Loans and Bankruptcy by
