Make Education Loan Debt Dischargeable in Bankruptcy…Again

Last updated on December 13, 2017

Posted by: John O’Connor

Have You Thought To Student Education Loans?

Into the famous choice, Local Loan Co. Vs. Hunt, the Supreme Court summed up the easy policy behind our bankruptcy laws and regulations: the “honest but unfortunate” debtor is because of the chance to begin over, “unhampered by the force and discouragement of preexisting debt. ” The concept of regular financial obligation forgiveness is ancient, appearing numerous times throughout the Old Testament. Why then, are education loan debts maybe maybe not dischargeable in bankruptcy? Most likely, that is