Can My Student Loan Debt Be Forgiven?

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A student loan debt was incurred pursuing a DDS degree. Four years were completed, but the student needed about 4 more months to achieve the required points to graduate. Unfortunately, the student was unable to graduate from the program. Now the student has no earning ability and is unable to pay on the 300k+ student loan. Is it possible to obtain forgiveness for all or most of the (consolidated) student loans? If so, where does one start? Should an attorney be involved?

[NOTE: Articles and answers on DearEsq., while written and published by lawyers, do not constitute legal advice, and no attorney-client relationship is formed by your reading of this information. You should always consult with an attorney for any legal situations.]

The student may be able to file for Chapter 7 bankruptcy in order to have the loans forgiven. Typically, student loan debt is not forgiven under U.S. bankruptcy law, but based on the amount of the debt, and the student’s economic hardship, the court may discharge the debt through bankruptcy. You should consult a bankruptcy / debt relief attorney to discuss the matter in more detail.

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Author: House Attorney