Are you struggling with thousands of dollars in student loan debt and simply unable to make your minimum payments? Unfortunately, it’s a situation which many people find themselves in once they graduate. Finding a job right out of college can be difficult, and even with an entry level position it can be tough to afford your student loan payments. If you’re looking for a way to end the harassing calls from student loan collectors, The Law Offices of John E. Mufson may be able to help. With the years of experience John Mufson and his team have, we’re ready to help you find the solution for your student loan debt.
Can my student loans be dismissed through bankruptcy?
Student loans are not forgivable through bankruptcy, but that doesn’t mean bankruptcy isn’t an option for you. For many people who have a lot of student loan debt, they also have other debts they’re struggling with as well. This could be credit card debt, car loans, or medical bills that have piled up. If you file for bankruptcy and have your other debts forgiven, it could give you the opportunity to put more of your money towards your student loans and get back on track.
For those who are struggling with thousands in student loan debt, often times chapter 13 bankruptcy is the best option for them. Chapter 13 bankruptcy can put an immediate hold on repossession, foreclosure, and wage garnishment and will also stop interest on student loans from accruing. You also will be able to roll your student loan debts into your bankruptcy repayment plan.
Because each person’s financial situation is different it’s important to work with a bankruptcy attorney. At The Law Offices of John E. Mufson we’ve been helping people eliminate and reduce their debts for more than 25 years. If you’re struggling with student loan harassment in Delray Beach, our team can help. Whether it’s filing for bankruptcy or finding another alternative to your debt problems our attorneys will provide you with every option you have available. To schedule a free case evaluation and to work with our team contact The Law Offices of John E. Mufson today.