Discharging Student Loans Through Bankruptcy

A New Bill Is Before Congress That Would Allow People To Discharge Student Loan Debt Through Bankruptcy

Here at Hurst & Hurst Law we like to try to keep people informed about potential changes in the law that are likely to affect people across the state of Kentucky.  Such a change may be on the horizon.  As many are already aware, Americans are currently unable to file for bankruptcy protection on student loan debt.  Congresswoman Frederica Wilson of Florida is trying to change that with her proposed new bill, the Student Borrowers Bill of Rights Act.  If passed, this bill would do far more than just allow Americans to discharge student loan debt through bankruptcy.  Continue reading