My last two blogs have focused on wiping out student loan debt. The first blog, Wiping out Student Loans in bankruptcy is difficult discussed the general guidelines to obtaining a discharge of a student loan in a bankruptcy proceeding. In general, it is a very challenging and frequently fruitless endeavor but not necessarily impossible. My […]
A few weeks back, I blogged about how it was very difficult to wipe out a student loan in bankruptcy. Everything mentioned in that blog still applies, including the fact that wiping out student loans in bankruptcy is very difficult. Now the question presented is whether or not “private student loans” are dischargeable in bankruptcy. After all, […]
8th Circuit Bankruptcy Appellate Court (controlling in Nebraska and Iowa) denies discharge of student loan debt It’s a very tough situation. Very, very tough. Getting rid of student loan debt in a bankruptcy is a serious challenge but not necessarily impossible. In a decision filed on October 27, 2014, the Bankruptcy Appellate Panel for the 8th Circuit Court […]
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