Sentences with phrase «types of student loan discharge»

Not exact matches

Discharge types of debts singled out by the bankruptcy law for special treatment, such as child support and alimony (known as Domestic Support Obligations), student loans (but tuition is dischargable), court restitution orders, criminal fines, and some taxes.

The discharge rule applies to all types of federal student loans, including undergraduate loans, graduate loans, Stafford loans, Perkins loans, and Parent PLUS loans.

H.R. 2527 — Private Student Loan Bankruptcy Fairness Act [Rep. Steve Cohen (D - TN)-RSB- would treat private student loans the same as other types of private debt in bankruptcy, making them easier to disStudent Loan Bankruptcy Fairness Act [Rep. Steve Cohen (D - TN)-RSB- would treat private student loans the same as other types of private debt in bankruptcy, making them easier to disstudent loans the same as other types of private debt in bankruptcy, making them easier to discharge.

Discharge types of debts singled out by the federal bankruptcy statutes for special treatment, such as child support, alimony, student loans, certain court ordered payments, criminal fines, and some taxes.

In many cases, particularly when addressing issues related to income driven repayment plans, deferments, forbearance, and loan discharge; available options are limited by and contingent upon the type of student loan you have, your promissory note or loan agreement, and applicable laws and regulations.

Bankruptcy won't help you get rid of or discharge several types of debt, including child support payments, federal student loans and court and restitution costs associated with your crimes.

In addition to the types of forgiveness, cancellation, and discharge shown above, you may also be eligible for discharge of your federal student loans based on borrower defense to repayment if you took out the loans to attend a school that misled you, or engaged in other misconduct in violation of certain state laws, and if the school's act or omission directly related to your federal student loans or to the educational services that you paid for with the loans.

Not everyone will qualify to file Chapter 7 under the Bankruptcy Code's «means test» and certain types of debt can not be discharged or wiped out (such as most federally guaranteed student loans, many taxes and any outstanding family support obligations).

If Navient loses this case they could be on the hook for discharging a lot of private student loans and damages for pursuing consumers who filed bankruptcy and had these types of loans.

Student loan debt held by older Americans can be especially daunting because unlike other types of debt, it generally can not be discharged in bankruptcy.

Borrowers overwhelmed by private student loan debt often discover an ugly truth too late — these loans can't be discharged in bankruptcy like other types of consumer loans.

Government student loans are especially difficult to discharge in bankruptcy, so it is a slightly riskier than average type of debt.

Section 523 (a)(8) does not except from discharge a host of other types of traditional private, credit - based loans couched as «student loans» by for - profit lenders, including loans for K - 12 programs, loans made to students at unaccredited trade schools, loans made for alcohol and drug rehab, and loans made in excess of the «cost of attendance.»

However, what makes student loans different from other types of debt is that, unlike credit cards or car loans, they typically can not be discharged in bankruptcy.