Student loan debt

Due to recent changes in the law, many student loans (both federal and private) are now eligible for discharge in bankruptcy!

Filing for bankruptcy is a serious decision and should not be taken lightly. However, if you are struggling to pay your debts and you have student loans, it is worth noting that your student loans may be eligible to be discharged, as well. Student loans can only be discharged within a bankruptcy case.

Most federal and private student loans can now be discharged in a bankruptcy. However, just by filing bankruptcy does not automatically mean that your student loans can be discharged. There are certain steps that must be taken to get them discharged. An adversary proceeding is a separate process within the overall bankruptcy case, which allows the court to determine whether your student loans are dischargeable.

Under most circumstances, by virtue of filing the bankruptcy, an undue hardship is found and the student loans would be discharged.

Looking for the best bankruptcy attorney the Ozark, AL/Dothan, AL area has to offer? Then look no further than The Valenzuela Law Firm, we can help you through these difficult times, call us today.