Bakersfield, CA asked in Bankruptcy for California

Q: I always hear that student loans aren't dischargeable in bankruptcy. Does that apply only to federal loans or also

private loans?

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3 Lawyer Answers
Harlene Miller
Harlene Miller
Answered
  • Bankruptcy Lawyer
  • Irvine, CA
  • Licensed in California

A: The Bankruptcy Code specifically identifies what is a nondischargeable student loan. Although the language can be found at 11 U.S.C. Section 523(a)(8)(A&B) - the analysis required should be sought by meeting with an experienced bankruptcy attorney. I urge you to do that.

Peter Maurice Lively agrees with this answer

Theodore Allan Greene
Theodore Allan Greene
Answered
  • Bankruptcy Lawyer
  • Sacramento, CA
  • Licensed in California

A: It's not a simple answer. You should get a consultation with a Bankruptcy attorney in your area.

Timothy Denison
Timothy Denison
Answered
  • Bankruptcy Lawyer
  • Louisville, KY

A: Consult an experienced bankruptcy attorney as to the definition of nondischargeable.

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