Will I still need to pay my student loans after filing for bankruptcy?
When you file for Chapter 7 or Chapter 13 bankruptcy, some debts can be eliminated. Depending on your circumstance, these may include credit card debts, medical bills, and other sums of money that are not backed by collateral.
Student loans, however, cannot be eliminated with a bankruptcy filing. You will still have to repay them, whether or not they were private or federal loans.
Contact Tacoma, Seattle, Kirkland, Bellevue, Bremerton, Everett bankruptcy lawyer Ryan Nykamp today at 425-289-9873 to learn more about the benefits of bankruptcy.