4 ms·
Student loans were forgivable through bankruptcy until the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. In 1976 there were some limitations
by eeyan 4y ago
Student loans were forgivable through bankruptcy until the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. In 1976 there were some limitations put in place for the first 5 years, but student loans not ever being forgivable in bankruptcy is relatively recent.