Compassionate Guidance for Student Loan Debt Relief in Pennsylvania

Responsive attorney helping individuals deal with overwhelming debt

When facing unmanageable student loan debt, you might not know what steps you can take to remedy the situation. Purcell, Krug & Haller can help you create a strategic plan to ease the financial burden of your loans. I provide highly responsive and hands-on legal representation. I give each client the individualized attention that you need to get relief from student loan debt.

Options for dealing with your student loans during bankruptcy

In most cases, student loans cannot be discharged in bankruptcy. However, there are certain situations where all or some of your loans can be discharged if you file for Chapter 7 or Chapter 13 bankruptcy. Some courts use the Brunner test, which takes poverty, persistence and good faith into consideration. Other courts use the totality of circumstances test, which determines if paying your student loans is an undue hardship. The results of these tests may lead to your loans being dischargeable.

Other reasons that your loans may be discharged include:

  • You have become permanently disabled.
  • You were unable to complete your degree because your school closed.
  • The school falsified your ability to benefit from its program.
  • The school enrolled you even while knowing you were unable to meet minimum state employment requirements for the job.
  • The school forged or altered your loan application without your knowledge.
  • You are the victim of identity theft.

I use a variety of strategies to seek the discharge of student loans.

Monthly payment reductions are a possibility

Another option to relieve the burden is having your monthly payment reduced, which may occur if:

  • Your income decreases.
  • You have a financial hardship.
  • You lose your job.

Be aware that your student loan creditor does not have your best interest in mind and may be leading you into a repayment plan that is not in your best interest. Speak to me before you agree to monthly payment reductions.

You may be eligible for loan forgiveness

In some specific circumstances, your loan may be forgiven. If, after ten years, you are working for the government, a religious organization, a charity, or as a teacher or nurse, you may no longer have to pay your student loans. In some cases, your loans may be forgiven after 20 or 25 years, no matter where you are employed. Loan forgiveness depends on which repayment plan you are using. An experienced attorney can explain if you are eligible for loan forgiveness.

Postponement or deferment of your student loan

Postponing or deferring a loan is not always a good option, as your loans continue to gain interest and it only temporarily relieves the debt. However, your loans can be deferred for the following reasons:

  • You are on active military duty.
  • You cannot work due to injury and are receiving temporary total disability benefits.
  • You have become unemployed.
  • You have suffered an economic hardship.

To learn more about your best options for student loan debt relief, get help from a compassionate attorney. I understand the stress you are dealing with, and I want to help.

Contact a Pennsylvania debt relief law firm today

If you are dealing with student loan debt, I can help you get the relief you need. Call Purcell, Krug & Haller today at 717-775-5608 or contact me online to schedule a consultation. From my Harrisburg, Pennsylvania office, I represent clients throughout Pennsylvania.