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Filing Bankruptcy to Deal With Your Student Loan Debt? Here are 5 Things You Should Know!


Filing Bankruptcy to Deal With Your Student Loan Debt? Here are 5 Things You Should Know! Student loan debt is a serious burden and filing bankruptcy may seem like the only way to deal with it. However, it's important to note that student loans are not easily discharged through bankruptcy. Before you consider filing for bankruptcy, there are five key things you should know.


First, many private and federal student loans cannot be discharged in a bankruptcy case, so if you decide to file for bankruptcy protection, your student loan debt will still remain after the case closes. Second, depending on the type of loan and other factors, some federal loans might be eligible for discharge in certain circumstances. Third, discharging your student loan debt through bankruptcy can have long-term financial implications since it could stay on your credit report for up to ten years.




The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.



Our goal is to help you find a fresh start FASTER!


Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706





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