Categories
I Need A Loan Today

Are personal figuratively speaking Dischargeable in Denver, Colorado within a Chapter 13 Bankruptcy Case?

Are personal figuratively speaking Dischargeable in Denver, Colorado within a Chapter 13 Bankruptcy Case?

Not often, but that trend may be changing. As a Denver bankruptcy lawyer, i am aware exactly exactly just how hard it could be to navigate education loan repayment/forgiveness choices.

In 2005, Congress passed the Bankruptcy Abuse Prevention and customer Protection Act which managed to get more challenging to discharge federal or personal figuratively speaking in bankruptcy. However, if your customer can show “undue hardship, ” their student education loans could be released within an adversarial proceeding.