MITCHELL & LARSEN,PC BANKRUPTCY ATTORNEYS
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yes, but...

Student loan relief

11/18/2016

12 Comments

 
​As most people with student loans know, student loans are not dischargable in bankruptcy.  You can’t get rid of them.  However, many people don’t realize that a Chapter 13 Bankruptcy can still help if you are behind on your student loans or facing collection efforts such as a lawsuit or wage garnishment.  Just like with all other debt, when you file a chapter 13 bankruptcy, the automatic stay goes into effect immediately and ALL creditors (including student loan creditors) must stop any collection action against you.  This means that if you are being sued or your wages garnished for a student loan debt, a bankruptcy will immediately stop those collection efforts.  You can then use your chapter 13 plan to manage all your debt and get your student loan repayment back on track.  A chapter 13 plan typically lasts either 36 or 60 months.  Even if your chapter 13 plan payment does not pay all your debt, particularly all the student loan debt, the creditor cannot try to collect during that period.
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12/10/2024 10:55:22 am

Testimony on how I got my loan. Good day, I am Mrs. Doris Chapman, currently living in Florida USA, I am a married woman at the moment with two kids. I was stuck in a financial situation as of 23rd September 2023 and I needed to refinance and pay my bills and also my son's medication. I tried seeking loans from various loan firms both private and corporate but never with success, and most banks declined my credit. But as God would have it, I was introduced to a private loan lender by a friend and decided to try my luck I got a loan sum of USD 200,000.00 and today I am a business owner, and my kids are doing well. So, if you must contact any firm concerning securing a loan with a low interest rate of 2% and better repayment plans and schedule, kindly contact Mrs. Elisabeth of Elisabeth Loan World. She doesn't know that I am doing this but I am so happy and have decided to let people know more about her, she offers all kinds of loans to individuals and companies and I want God to bless him more. You can contact his company through this Email us Mrs. Maria via email: [email protected] and WhatsApp: +447507970420

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    Melissa Wimberley Larsen is a 1986 graduate of the University of  Alabama in Huntsville, and graduated with honors from the Cumberland School of Law at Samford in 1992. She has extensive experience in all types of litigation both simple and complex. Ms. Larsen is a member of the National Association of Consumer Bankruptcy Attorneys and specializes in consumer bankruptcy issues.

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