Report: Student Loan Debt Thwarts Do-Over for Many Bankruptcy Filers

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06/12/2019 Report: Student Loan Debt Thwarts Do-Over for Many Bankruptcy Filers . Student loan debt SHOULD be dischargeable!! Millions of Americans have filed Chapter 7 bankruptcy to eliminate crippling debt and get a fresh financial start, but nowadays it isn’t unusual for people to come out of the process still owing much of their debt in the form of student loans, according to a report.

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Filing for bankruptcy.. Here I am 3 years later, I racked up $49000 in unsecured credit card debt, $15000 auto loan and $37000 student loan. I only make about $55-59k a year and my hours are not as stable as it was, and my mom got laid off.. If I had it to do over again, I would have paid.

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To get out of debt, you need a plan and you need to execute that plan. Here are 8 ways to help you get started and stay on track as you pay down your debt.