Can Filing for Bankruptcy Help with Student Loans?

Bankruptcy Allen TXWill filing bankruptcy help with my student debt? How do I qualify for filing bankruptcy for my student loans? What are my options besides filing for bankruptcy?

Student loans are hard to get rid of. However, about 40% of those that file will get at least a partial discharge. You may qualify if you demonstrate that those payments keep you from living a “minimal” standard of living, that you’ve made good-faith efforts to repay your loans, or that your disabilities will keep you from making payments for a long time. On the other hand, you still have some options besides filing for bankruptcy, including consolidation, repayment, and deferment options.

We are Collins & Arnove, your trusted bankruptcy attorneys, and counselors in Plano and Allen, TX.

We want to help you with your student debt problems.

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Collins & Arnove | Bankruptcy Allen TX | 972-516-4255