Thursday, October 19, 2017, Noon to 1:00pm, Private Student Loan Dischargeability In Bankruptcy: A New Perspective
Presented by James Michel
San Francisco Consumer Protection and Debt Relief Lawyer
1 Hour free Participatory MCLE Credit
It is commonly believed that student loan debt is not affected by the bankruptcy discharge. A more correct statement would be that for most people who file bankruptcy petitions, some educational debts are not discharged unless the petitioner successfully obtains a finding from the bankruptcy court that the debt is a hardship to the borrower. In reality, some educational debt does not fit within the statutory definition and is discharged along with regular debt, without any finding of hardship. This talk will examine the categories of educational benefits or loans under the relevant statutes and a few recent decisions concerning privately guaranteed student loans.