Can Bankruptcy Be An Option With Education Loans?

In case you file for bankruptcy and have student loans, those loans will almost certainly not be discharged. This is on account of the government's 1998 change in its rules concerning bankruptcy and student education loans. Student loans were ruled to be non-dischargeable as many financial institutions had been losing millions of dollars. And when federally guaranteed loans were charged off by way of bankruptcy, the government lost millions of dollars. Read more [...]