Although student loans are generally nondischargeable debts under the Bankruptcy Code, current bankruptcy law can provide some relief. And, there are signs of hope for the future. Under § 523(a)(8) of the Bankruptcy Code, student loans are considered to be...
1. Credit Counseling. Section 109(h) of the Code requires that before the case is filed, the debtor must take a credit counseling course from an approved counseling agency. This has been interpreted to mean that even the day of the filing the debtor can take the...
