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Could you explain more? I don’t really understand. I thought it is written in law that student loans are not dischargeable
by sida 7y ago
Could you explain more? I don’t really understand. I thought it is written in law that student loans are not dischargeable
- jrs235 7y agoProbably not the thorough and detailed answer you are looking for but... Student loans are dischargeable, it's just typically extremely difficult to get them discharged. Partly because the method and law regarding when they may discharged and the process to prove/show they should be discharged isn't clearly defined and the determination is quite subjective.
- sida 7y agoSo this judge changed the interpretation of the laws which made student loans more easily dischargeable. Any chance to make it into the supreme court? Cos arguably, this could make student loan widely dischargeable for people who need it
- jrs235 7y agoI don't believe the judge changed the interpretation of the law. I believe the judge agreed with the arguments of the debtor that the facts involving his particular case warranted the ability to discharge his debt. that's it. The ruling affects this case and only this case. Other people who wish to discharge their student loan debt in bankruptcy may want to analyze the arguments and findings of this case to be better equipped to prevail in their own cases. But there is still no guarantee that a judge will agree with their arguments as every situation is different.