If so, you aren’t alone. For millions of Americans, student loans are a significant financial burden that can feel impossible to escape. While there is a common myth that student loans can never be discharged in bankruptcy, the reality is more nuanced.
At Clark & Washington, we have helped thousands of Atlanta residents regain control of their finances. Whether you are looking to discharge your loans entirely or simply need a way to make your monthly payments manageable, our experienced Chapter 7 and Chapter 13 attorneys are here to help.
In Georgia, student loans are rarely discharged in bankruptcy. To eliminate them, you must prove “undue hardship” by filing a separate lawsuit, an adversary proceeding, in bankruptcy court.
While the “undue hardship” standard is a high bar to meet, filing for bankruptcy can still provide significant relief for those struggling with education debt. Even if your student loans are not fully discharged, bankruptcy can:
Chapter 7 bankruptcy is designed to wipe out unsecured debts like credit cards and medical bills. While student loans are not automatically discharged in a Chapter 7 filing, this process can still provide immense relief:
For many Atlanta residents, Chapter 13 is a powerful tool for managing student loans. Instead of immediate liquidation, Chapter 13 allows you to consolidate your debts into a manageable 3-to-5-year repayment plan.
Don’t let student loan debt dictate your future. Contact the Atlanta bankruptcy experts at Clark & Washington today. We will sit down with you, review your loans, and build a strategy to help you breathe easier.
We’re always here when you need us—day or night.
Trusted legal guidance from Georgia’s leading bankruptcy firm.
