You’ve probable heard that bankruptcy brings great relief to those who are deeply in debt and can no longer meet their financial responsibilities. It is also commonly said that when one goes bankruptcy debts are discharged.
However, not all debts are dischargeable and in certain cases, bankruptcy actually stands far away from being a solution to debt problems.
Student debt and “undue hardship”
If you are buried deep in debt but your debt is mainly student debt you may want to reconsider bankruptcy since almost all