Student Loans | Reed Law Firm, P.A. https://www.reedlawsc.com Columbia SC Bankruptcy Lawyer | Florence Debt Relief Attorney South Carolina Tue, 09 Nov 2021 17:35:54 +0000 en-US hourly 1 https://wordpress.org/?v=6.2.2 https://www.reedlawsc.com/wp-content/uploads/sites/1201465/2019/08/cropped-favicon-32x32.png Student Loans | Reed Law Firm, P.A. https://www.reedlawsc.com 32 32 Can bankruptcy now discharge student loan debt? It's not that simple https://www.reedlawsc.com/blog/2020/01/can-bankruptcy-now-discharge-student-loan-debt-its-not-that-simple/ Tue, 28 Jan 2020 21:21:41 +0000 https://3130060-fork.findlaw2.flsitebuilder.com/?p=48012 It is not often a bankruptcy court ruling makes national headlines. Yet one recent case involving student loan debt did just that, with words from the judge offering a glimmer of opportunity for the countless individuals saddled with such loans. In the case, a chief U.S. bankruptcy judge in Manhattan discharged a Navy veteran's staggering $221,000 in student loan debt.…

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]]> Your public service loan forgiveness was declined. What now? https://www.reedlawsc.com/blog/2019/09/your-public-service-loan-forgiveness-was-declined-what-now/ Mon, 09 Sep 2019 12:30:19 +0000 https://3130060-fork.findlaw2.flsitebuilder.com/?p=47769 Recently, National Public Radio obtained a report from the Government Accountability Office (GAO), a governmental watchdog agency. It was a review of the Temporary Expanded Public Service Loan Forgiveness (TEPSLF) program, which Congress created last year to make it easier and more straightforward to apply for public service-based student loan forgiveness. Unfortunately, the report found that, during the temporary expansion's…

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]]> What does the promise of student loan forgiveness for vets mean? https://www.reedlawsc.com/blog/2019/08/what-does-the-promise-of-student-loan-forgiveness-for-vets-mean/ Mon, 26 Aug 2019 12:30:25 +0000 https://3130060-fork.findlaw2.flsitebuilder.com/?p=47754 Last week, President Trump signed a directive to the Department of Education ordering it to "eliminate every penny of federal student loan debt" for American vets who are totally and permanently disabled. This could be a great relief to disabled vets who have been struggling to pay their student loans on limited income. Student loans are generally not dischargeable in…

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]]> Did one of these problems prompt your need for debt relief? https://www.reedlawsc.com/blog/2018/06/did-one-of-these-problems-prompt-your-need-for-debt-relief/ Mon, 11 Jun 2018 05:00:00 +0000 https://3130060-fork.findlaw2.flsitebuilder.com/blog/2018/06/did-one-of-these-problems-prompt-your-need-for-debt-relief/ When considering either global, South Carolina or personal economics, you may notice that finances fluctuate. A nation, civic community or individual may go from days of financial stability, perhaps even a thriving economy to major financial crisis in a short amount of time. Depending on your circumstances, you may be aware of an approaching financial crisis or caught completely off-guard.…

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]]> Millennials are not the only ones struggling with college debt https://www.reedlawsc.com/blog/2017/01/millennials-are-not-the-only-ones-struggling-with-college-debt/ Fri, 13 Jan 2017 06:00:00 +0000 https://3130060-fork.findlaw2.flsitebuilder.com/blog/2017/01/millennials-are-not-the-only-ones-struggling-with-college-debt/ You may have heard that Americans owe trillions of dollars in student loan debt. You probably know that young people are postponing buying houses, starting families or going on to graduate school because of their loan payments. Some even return to live in their parents’ homes because the debt makes it impossible to live on their own. If you are…

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]]> Will bankruptcy affect my student loans? https://www.reedlawsc.com/blog/2016/11/will-bankruptcy-affect-my-student-loans/ Thu, 17 Nov 2016 06:00:00 +0000 https://3130060-fork.findlaw2.flsitebuilder.com/blog/2016/11/will-bankruptcy-affect-my-student-loans/ For people who are not able to pay all of their bills, bankruptcy can provide a way to get a fresh financial start. A large number of Americans have enrolled in higher education and the student loans they have had to take out in order to pay for their education can take up the vast majority of their income. This…

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]]> Are Student Loans Dischargeable In Bankruptcy? https://www.reedlawsc.com/blog/2016/02/are-student-loans-dischargeable-in-bankruptcy/ Fri, 05 Feb 2016 06:00:00 +0000 https://3130060-fork.findlaw2.flsitebuilder.com/blog/2016/02/are-student-loans-dischargeable-in-bankruptcy/ If you are having difficulty repaying your student loans, you are not alone. Student loan debt is one of the most serious financial problems affecting young workers. While student loans are generally not dischargeable when filing bankruptcy, there are exceptions. Even if you cannot discharge the loan, bankruptcy may still provide you with debt relief. Before you assume that bankruptcy…

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