While student loans are no generally dis-chargeable in a Bankruptcy case, there are other options available to manage Student Loan Debt. These include, loan rehabilitation, loan consolidation, income based repayment plans, administrative discharges, discharges through adversary proceedings in Bankruptcy and payment through a Chapter 13 plan which can eliminate other debts and free up money for Student loan repayment. As always, make sure any attorney or student loan counselor is qualified and ask what their services will cost you.
Written by admin
Bankruptcy Attorney serving Grand Rapids Michigan and all of Western Michigan