Handling student loan debt

 

Student loans have been a popular topic lately, and if you, like many other graduates are wondering how you will afford the payments on that huge bill, you may have options. If you haven't landed that dream job yet, and are having trouble making payments, you may qualify for flexible payments or deferment until you are in a better financial position.

But, if you are like many who have been under water on your student loans since you graduated years ago, and thought filing bankruptcy could help, it probably will not. There are exceptions as they apply to a hardship discharge however, its safe to believe student loans will generally survive the bankruptcy. There are other options available including forbearance, forgiveness, and loan consolidation that can make paying your loans a more manageable task.

If you have questions about bankruptcy or debt relief contact the office of Attorney Erwin F. Meiers, III today