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What schedule do you use to list federal student loans in a chapter 7 bankruptcy?

Algonquin, IL |

I would like to know which schedule do use when listing federal student loan debt. Also, what are the provisions for an adversary proceeding to discharge some of my substantial student loan debt?

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Attorney answers 1

Posted

Federal student loans are listed on Schedule F as a unsecured non-priority debt with an indication that they are student loans. As far as discharging student loans, this is an extremely difficult task and one with many pitfalls if not done correctly. I recommend you look for an experienced attorney that has had success in discharging student loan debt.

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