Student Loan Debt Lawyers in Illinois & Wisconsin

Student Loans in Bankruptcy

It is not easy to get rid of student loans in bankruptcy. If the loans are public loans, you have to prove “substantial hardship”.

This has been difficult because of a case called “Brunner”. Under this case, you had to prove that your situation was pretty hopeless.

Fortunately, courts are looking at this more leniently now. More and more frequently, public student loan lenders are settling these kinds of cases rather than facing a bad precedent. Don’t give up hope.

Administrative Discharge for Hardship

At Lakelaw, we’ve been successful in having public student loans discharged—particularly when a medical provider can confirm that your disability prevents you from making payments on the loan. In such cases, you can avoid bankruptcy altogether.

Public Student Loan Relief

There are a variety of student loan forgiveness programs that are available for relief of public loans including Income Based Reduction and other settlement vehicles.

The climate for relief from public student loans is favorable. Don’t give up hope. We know the players and we know what to do.

There’s new hope for such borrowers. Contact us to schedule your free confidential consultation.

Private Student Loan Relief

Recent court decisions have revolutionized this situation!

If your private loan covered things beyond tuition and books, like living and travel expenses, for example, there is a very good chance that the loan now can be discharged, in full, in bankruptcy.

If this is your situation, contact Lakelaw to claim your free confidential consultation.