Will Bankruptcy Help Me Erase My Student Loan Debt?
For many college graduates, repaying student loan debt seems like an insurmountable task. If your debt far exceeds your income and you feel like you might need to file bankruptcy, our lawyers can answer your questions and provide the guidance you need to help you move forward.
Student loan debt is extremely difficult to discharge, but not impossible. Depending on your unique circumstances, the DiTocco Law Group, PLLC, in Florida can do an analysis and help you examine your options.
Circumstances Under Which The Brunner Test Might Apply To You
In some cases, our experienced attorneys can help you navigate through the complicated bankruptcy process to qualify for undue hardship through a Brunner test. If you satisfy the test requirements, a bankruptcy court may allow you to discharge your student loan debt.
The three requirements of the Brunner test are:
- Good faith efforts to repay your loans
- Continual impoverishment, which is anticipated to last for most of your repayment period
- Inability to maintain a minimal standard of living for the foreseeable future if you are required to pay your remaining student loan balance
Even if you do not meet all three requirements of the Brunner test and are not, therefore, able to discharge your student loans, we will work with you to find solutions to your financial situation.
Get Your Financial Situation Back On Track
If you are considering filing for bankruptcy, act now. Call our Fort Lauderdale office today at 954-566-9000 for a free initial consultation at one of our offices throughout Miami-Dade, Broward and Palm Beach counties. If you prefer, you may contact us online.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.