What goes on to my pupil loan(s) if we seek bankruptcy relief?

What goes on to my pupil loan(s) if we seek bankruptcy relief?

Whilst in bankruptcy, you’re protected from collection tasks of all your of one’s debts, including student education loans. Through the bankruptcy procedure your loans will continue to accrue interest, boosting your loan stability if no payments are available. Keep in mind, figuratively speaking aren’t dischargeable (incorporated into your bankruptcy that is general discharge, missing a choosing of undue hardship. Congress meant that discharge for undue difficulty become reserved for folks facing a lot more than the hardship that is financial accompanies all bankruptcies. Continue reading “What goes on to my pupil loan(s) if we seek bankruptcy relief?”