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Bankruptcy

: The Debt Podcast

Can I Bankrupt My Student Loan?

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Student loans are not discharged in a bankruptcy proceeding unless repayment of the loan will create an undue hardship for the debtor or the debtor’s dependents.  The bankruptcy code prevents student loan discharge in most cases.  Many courts have adopted a test formulated in 1987 by the Court of Appeals for the Second Circuit and [...]

Full post as published by The Debt Podcast on July 20, 2009 (boomark / email).

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