Phoenix Lawyers: Bankruptcy and Student Loans

At Platt & Westby, P.C, in Phoenix, Arizona, we have been helping people with bankruptcy issues since 1973. Our experienced lawyers understand your debt concerns and are committed to helping you gain a fresh start.

Our approach to bankruptcy is comprehensive. We want clients to thoroughly understand their obligations before, during and after the bankruptcy filing, including the repayment or continued payment of debts such as student loans. We will make sure our clients are fully informed of the effects of bankruptcy so they can make the right decisions about moving forward from their financial worries.

To discuss your debt relief options and their effects with a Phoenix bankruptcy attorney, call Platt & Westby at 623-239-4422.

How Are Student Loans Affected by Bankruptcy?

Filing Chapter 7 or Chapter 13 bankruptcy relieves an individual's obligation to pay back many debts, including credit card debt, medical bills and some taxes. However, in most cases, student loans are not dischargeable debts. Failure to pay back student loans may result in creditors garnishing your wages. This means that a portion of your wages will be deducted before you see your check and will then be applied toward your outstanding student loans.

The good news is that most student loan organizations will wait until after your bankruptcy is discharged before resuming collection attempts. Therefore, you will have discharged many of your debts or set up a repayment plan so you are better able to afford the student loan payments.

Can Student Loans Ever Be Discharged?

In some instances, student loans can be discharged. If failure to discharge a loan would cause hardship for you or your family, then the loan may be dischargeable. This requires providing proof that you cannot earn the money needed to repay the loan, such as if you are disabled, have a serious illness, have limited employment opportunities due to age, or have to provide around-the-clock care for a family member.

Contact Our Glendale Debt Discharge Attorney

To learn more about bankruptcy and student loans, contact Platt & Westby to speak with an experienced Arizona bankruptcy lawyer in a free initial consultation. From our law firm in Phoenix, we serve clients throughout The Valley, including the city of Glendale.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. The information contained in this message is general and should not substitute for the advice and counsel of an experienced bankruptcy attorney.

Bankruptcy costs are one of the best bargains in law, starting with a $750 retainer. The fixed fee of a case will be discussed in a free case evaluation conference.