Many people have mistaken impressions about how bankruptcy can help them get out of debt. One of the areas that most people are in error about is student loans. However, the facts are very easy to discover.

The fact of the matter is that student loans cannot be dismissed by bankruptcy. It is simply not an option. If it were, everyone who got a college education would just file bankruptcy to get a free education. If student loan debt is your only concern, you need to look at other options other than bankruptcy. However, if you have other debt, it may be an option you still want to consider. Continue reading →