Are personal figuratively speaking Dischargeable in Denver, Colorado during a Chapter 13 Bankruptcy Case?

Are personal figuratively speaking Dischargeable in Denver, Colorado during a Chapter 13 Bankruptcy Case?

Not often, but that trend might be changing. As being a Denver bankruptcy attorney, i am aware exactly exactly how hard it could be to navigate education loan repayment/forgiveness choices.

In 2005, Congress passed the Bankruptcy Abuse Prevention and Consumer Protection Act which managed to make it more challenging to discharge federal or personal figuratively speaking in bankruptcy. Nevertheless, in cases where a customer can be “undue hardship, ” their figuratively speaking could be released within an adversarial proceeding. Continue reading “Are personal figuratively speaking Dischargeable in Denver, Colorado during a Chapter 13 Bankruptcy Case?”