Tuesday, November 20, 2012

Bankruptcy and Student Loans: Another Infographic

The infographic below provides a summary of the student loan debt problem and the limitations of the current bankruptcy law to resolve that problem.  For a more in depth review of these issues see our previous post: Can bankruptcy help with my student loans?.


Can Claiming Bankruptcy Discharge Student Loan Debt?
From: OnlineColleges.net

Reprinted from OnlineColleges.net.

Kelsey & Trask, P.C. provides this graphic for informational purposes only. We do not endorse nor claim endorsement from the source site or organization. Kelsey & Trask, P.C. is not responsible for any information contained therein, unless indicated specifically on that site.



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2 comments:

  1. Bankruptcy Attorney Federal WayNovember 27, 2012 at 5:46 AM

    Lenders seem not bear some of the responsibility for continuing to lend to the deadbeat borrowers? I say yes, and that is why I fully support changing the bankruptcy laws to include private student loans. Not so student can shirk their responsibility through bankruptcy, but to encourage lenders to be more judicious in their lending practices to young, oftentimes naive students.

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