Student Loan Bankruptcy Discharge Affidavit For Undue Hardship §523(a)(8) - Free Online

 

It is now easier than ever to get rid of student loans in bankruptcy, thanks to new guidance and affidavit offered by the U.S. Department of Education for those seeking student loan discharge for undue hardship.

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May 15, 2023

Unfortunately, we had to cancel this free feature due to overhead costs. 

We regret not being able to provide this free tool. 

At some point in the future, we may try to offer it again. 

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LegalConsumer.com has created what we hope is a helpful tool for everyone out there wondering what they're going to do about student loan payments when they become due in the middle of 2023 (60 days after the Supreme Court rules on Joe Biden's attempted student loan forgiveness program).

Whether or not Biden's forgiveness program is allowed to proceed, the Department of Education has now embarked on a new program in bankruptcy proceedings and is now willing to stipulate to undue hardship claims in student loan discharge proceedings in bankruptcy if specific criteria can be met -- 

...As outlined in an affidavit eight pages long(!), but automated here for your convenience.

Note that this is just one avenue for those with hardship to pursue. Be sure to check out IDR programs where your monthly payment is based on a percentage (10% or less) of your monthly income. 

Also, to learn more about each question on the form, use this great article from the National Consumer Law Center as a guide when filling out the form.


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Jurisdictional relevance: US

Legal Consumer - Issaquena County, MSLaw. The content of this article pertains to all US states and counties.