Wichita Student Loan Debt & Bankruptcy
Can’t Keep Up With Your Student Loan Payments?
Obtaining a degree or availing yourself of a higher education can be a costly endeavor. If you have incurred an overwhelming amount of student loan debt and you do not have the financial resources necessary to keep up with payments, you may be wondering how to find a bankruptcy attorney in Kansas who will fight to help you attain the debt relief you need.
Our attorney at the Kansas Bankruptcy Center has been providing legal representation for bankruptcy and other debt relief actions to individuals throughout the state of Kansas for years. Our firm has the experience you need and is committed to providing clients with trusted counsel to help resolve their financial problems.
If you are looking for a Wichita bankruptcy attorney who you can trust will be a steadfast advocate for your rights, then look no further. For those seeking bankruptcy protection, we are one of one a few law offices that allow clients to file for bankruptcy from the comfort of their own homes without having to come into our offices.
How to Get Rid of Your Student Loan Debt
Student loan debt is not eligible for discharge through Chapter 7 bankruptcy unless you are able to prove beyond a reasonable doubt that it would cause you undue hardship, and the standards to prove hardship are extensive. Proving undue hardship is not easy and very few bankruptcy courts allow for student loan debt to be discharged under this claim.
In cases where there was a breach of contract, fraud or deceptive practices involved in providing the loans, as has sometimes been seen with certain vocational and trade schools, then you may be able to lodge a formal complaint with the bankruptcy court to get the debt nullified. Individuals who file for Chapter 13 bankruptcy will not be able to discharge student loan debt either.
However, they may be able to negotiate a reduced payment as part of a restructured payment agreement, then owe the remainder upon completion of the court-approved payment plan. Each case is different so we recommend you discuss your specific situation with our experienced bankruptcy lawyer, Norman Douglas before moving forward.
Get Help from a Lawyer at Our Wichita Law Firm
The majority of students who attend university, college, vocational or trade schools can only afford to do so by getting a student loan or scholarship. At the end of their education or training, they will then have to begin paying back their student loan regardless of whether they are able to earn the income necessary to do so.
In this day and age, there is no guarantee a person will be able to find a well-paying job directly out of school. Even if bankruptcy will not help you eliminate your debt, there are other options which can be pursued.
If you are unable to keep up with your student loan debt and are wondering whether bankruptcy may be able to provide you with the debt relief you seek, contact our firm and schedule to meet with our Kansas student loan debt lawyer as soon as possible.