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Bankruptcy

: The Debt Podcast

Student Loan Discharge Tragedy

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Student loans are hard to get rid of; even in bankruptcy.  Congress only allows a bankruptcy court to discharge student loan debt when not doing so causes undue hardship for the debtor or the dependents of the debtor.  The discharge rule for student loans is short and is set out in 11 USC §523(a)(8).  Undue [...]

Full post as published by The Debt Podcast on February 24, 2008 (boomark / email).

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