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Episode 61: Discharging Student Loans Outside Bankruptcy

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Manage episode 213921146 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.

When people who are struggling with student loans look to ways to get rid of them, they assume that bankruptcy is the only option. Then they are told the myth that student loans can’t be discharged in bankruptcy and think that there is nothing they can do. They are stuck with the loans for the rest of their lives.

However, for many people, there are discharge options outside of bankruptcy that can give them the relief that they need, under certain circumstances. So on this episode of the podcast, I discuss the administrative discharge of federal loans and New Jersey CLASS loans. If you have a loan from another state, check out whether they have these same options.

  continue reading

160 episodes

Artwork
iconShare
 
Manage episode 213921146 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.

When people who are struggling with student loans look to ways to get rid of them, they assume that bankruptcy is the only option. Then they are told the myth that student loans can’t be discharged in bankruptcy and think that there is nothing they can do. They are stuck with the loans for the rest of their lives.

However, for many people, there are discharge options outside of bankruptcy that can give them the relief that they need, under certain circumstances. So on this episode of the podcast, I discuss the administrative discharge of federal loans and New Jersey CLASS loans. If you have a loan from another state, check out whether they have these same options.

  continue reading

160 episodes

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