The federal student loan moratorium, which was extended in early December through January 31, now continues through September 30, 2021.
The U.S. Department of Education announced a 1-month extended forbearance on collecting student loan payments & interest accrual.
Discharging a student loan requires meeting the difficult condition called undue hardship. Chapter 13 can help through more flexible timing.
Discharging a student loan requires showing undue hardship. The timing of your Chapter 7 filing can determine whether you succeed in this.
Discharging, permanently writing off, student loans can be difficult. You may be able to make it easier to do with good bankruptcy timing.
Student loans in the CARES Act include changes for some borrowers—suspending payments, interest, collections, credit reporting.
Writing off student loans is not easy. You must convincingly show that paying the loan causes you undue hardship, a tough condition to prove.
Writing off a student loan in bankruptcy requires showing "undue hardship." What is that?