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Episode 52: Discharging Student Loans in a NJ Bankruptcy

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Manage episode 200887945 series 1404006
Content provided by Steven J. Richardson, Esq. and Steven J. Richardson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Steven J. Richardson, Esq. and Steven J. Richardson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Student loans continue to be in crisis in this country, with debt over $1 trillion nationally. Naturally, people with these loans are looking for a solution to their problem. Unfortunately, many of them are automatically eliminating one of them based on a common misunderstanding, and that is: Student loans cannot be discharged in bankruptcy.

Therefore, in this episode of the podcast, I wanted to dispel this misunderstanding and show how student loans can be discharged in bankruptcy. It is not easy to do, and it definitely is not inexpensive, but it is worth looking into if you have a crushing balance of student loan debt.

  continue reading

160 episodes

Artwork
iconShare
 
Manage episode 200887945 series 1404006
Content provided by Steven J. Richardson, Esq. and Steven J. Richardson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Steven J. Richardson, Esq. and Steven J. Richardson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Student loans continue to be in crisis in this country, with debt over $1 trillion nationally. Naturally, people with these loans are looking for a solution to their problem. Unfortunately, many of them are automatically eliminating one of them based on a common misunderstanding, and that is: Student loans cannot be discharged in bankruptcy.

Therefore, in this episode of the podcast, I wanted to dispel this misunderstanding and show how student loans can be discharged in bankruptcy. It is not easy to do, and it definitely is not inexpensive, but it is worth looking into if you have a crushing balance of student loan debt.

  continue reading

160 episodes

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