The Federal Student Loan Bankruptcy Issue – Can I Eliminate My Debts?

Ever since in the year 1998 the federal courts made serious changes to the bankruptcy laws, eliminating debts with federal student loan bankruptcy has been extremely difficult to say the least. The truth is these days the elimination of obligations for a federal student loan bankruptcy is rarely a viable option. Most of the time with a chapter 7 bankruptcy the majority of unsecured debts can be eliminated, but with…

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