Chapter 7 Bankruptcy

Student loans normally can’t be discharged in bankruptcy. Some exceptions include if you’re facing a serious hardship such as a permanent disability or can show evidence that you’re unable to afford a minimal standard of living for yourself and/or your dependents. Most bankruptcy courts will factor in whether you’ve made a good-faith effort to try to keep up with your student loan payments.

Because discharging student loans in bankruptcy is extremely complicated, you should only trust the most experienced, knowledgeable student loan debt attorneys. Our Pottstown bankruptcy office has successfully handled numerous student loan discharge cases across Southeastern Pennsylvania.

While certain student loans can be eligible for forbearance or deferment (ways to temporarily postpone or reduce loan payments, with or without interest accruing), others may be eligible for complete discharge in certain extreme cases. Generally, to prove that your student loan debt should be completely discharged, we need evidence that you have a significant medical condition, have become incapacitated or are dealing with severe hardship that affects your ability to work and pay your loan. If our student loan debt attorneys can prove this, we can make all of your student loans disappear.

Just because you borrowed money to help you get through school, it doesn’t mean that you have an actual student loan. Many people take out independent or personal loans to help them get through school. Unlike student loans, these personal loans are treated like regular unsecured debt and can be discharged normally through bankruptcy.