San Francisco bankruptcy lawyers Jeena Cho and Jeff Curl are seeing more clients with unmanageable student loan debt. Jeff and Jeena rant about the state of student loans, and then discuss solutions both in Chapter 7, Chapter 13 bankruptcy and outside of bankruptcy.

Podcast 8 - Student Loans [ 18:55 ] Play Now | Play in Popup | Download

  According to a recent article in US Today, student loans will exceed $1 trillion this year. Unlike most other unsecured debts, student loans have a special status in bankruptcy in that it cannot be discharged (forgiven) through bankruptcy. I meet with a lot of clients who have a ton of student loans and struggling [...]

“Politics is the gentle art of getting votes from the poor and campaign funds from the rich, by promising to protect each from the other.” Oscar Ameringer Bankruptcy is a political creature in its origin. The right to create bankruptcy laws is written in the United States Constitution. Congress over time has made use of [...]

  It’s always interesting to learn how clients find us. Frequently, clients find us through referrals, other times, through the Internet. With a little help from Google, I have some interesting insights into what keywords people are using to find us. Here are some popular questions you are asking (along with additional information.)   Do [...]

I’ve been meeting with more and more recent college grads who are unemployed or underemployed. They are unable to repay their student loan debts. It’s unfortunate that you can get yourself out of just about every other kind of debt except student loans. So, maybe we should add student loans after “Death and taxes” as a [...]

The House Judiciary Subcommittee on Commercial and Administrative Law took the first steps in reversing language in the 2005 bankruptcy law related to private student loan debt by approving on a 6-3 party line vote H.R. 5043, the Private Student Loan Bankruptcy Fairness Act. Under the bill, privately issued student loans will once again be [...]

Written by San Francisco Bankruptcy Lawyer, Jeena Cho There may be some relief coming to those with overwhelming private student loan. Rep. Steve Cohen, D-Tenn., recently held a hearing on legislation (H.R. 5043) he authored that would allow for the discharge of privately issued student loans. He said interest rates and fees on private student loans [...]

Written by San Francisco Bankruptcy Lawyer, Jeena Cho Can bankruptcy help with student loans? - This is a frequent question I get and a common situation. Most unsecured debts such as credit cards are dischargeable through bankruptcy. However, student loans, both federal and private have an immunity card. In general, student loans will not be [...]

NYT article by: By RON LIEBER Published: June 4, 2010 If you run up big credit card bills buying a new home theater system and can’t pay it off after a few years, bankruptcy judges can get rid of the debt. They may even erase loans from a casino. Read more. Tweet