The leading consumer bankruptcy attorney association (“NACBA”) had an article earlier this year that states that most bankruptcy lawyers are seeing an increase in the number of clients with student loan debts. The survey found that most of the bankruptcy attorneys had found an increase between 25-50% of clients with student loans over the past few years.
I agree with this finding. I have also seen a sharp increase in the number of clients with student loans debts. In addition, I have also seen an increase of clients that are in default with student loans. If you are in default and need a remedy, please call me to discuss options. While student loans are non-dischargeable in bankruptcy, there may be some options we can look at.