
The crushing weight of student loan debt affects millions, leaving many wondering if bankruptcy offers a path to financial freedom. The question, “Does bankruptcy discharge student loans?” is complex, with the answer depending heavily on several factors, including the type of loan, the borrower’s financial circumstances, and the legal standards applied. This guide navigates the intricacies of student loan bankruptcy, exploring the legal processes, eligibility requirements, and potential alternatives. We will delve into the “undue hardship” standard—the crucial hurdle borrowers must overcome to have their student loans discharged in bankruptcy. We’ll examine different types of student loans, the steps involved Read More …