SLS025: These Student Loans Can Be Wiped Out Automatically in Bankruptcy

Jay S. Fleischman

These Student Loans Can Be Wiped Out Automatically in Bankruptcy

Jay S. Fleischman         Jay S. Fleischman        

These Student Loans Can Be Wiped Out Automatically in Bankruptcy           These Student Loans Can Be Wiped Out Automatically in Bankruptcy          

more

Currently Playing

If your school did not offer the ability to take out federal student loans, there may be good news when it comes to wiping out private loans in bankruptcy. On this episode of The Student Loan Show, we dig into the particulars and get you the answers you’re looking for.

Here are some resources for you:

• US Bankruptcy Code section on dischargeability of student loans
• Section 221 of the Internal Revenue Code
• Definition of “Eligible Educational Institution” from Internal Revenue Code
• Federal Student Code List
• Federal Student Code Search

The Federal Student Code List and Federal Student Code Search are useful for current years only. For older years, get in touch with me and we can talk about whether your school was eligible.