Discharge From Bankruptcy Links

Discharging Student Loan in Bankruptcy Requires Major Hardship

Student loan debt is not easy to walk away from. In fact, private and federal student loans are not eligible for discharge in a bankruptcy filing unless you can prove that paying them would produce an 'undue hardship.'

Ireland to slash bankruptcy term to 3 years

* Maximum bankruptcy term to be cut to 3 years from 12 * Govt expects numbers to surge from 30 to 3,000 per year * Struggling mortgage holders have non-judicial alternative * Fin min says banks will not ...

Credit care: Discharging student loan in bankruptcy requires major hardship

Q: How can I file bankruptcy on my school loans? I don't have a job and haven't had one in over a year. The loan company keeps adding interest to the back of my loans. I will never be able to catch up again. How can I clear that loan from my name?

Ireland govt to slash bankruptcy term

Ireland’s government yesterday announced plans to slash the time it takes to be discharged from bankruptcy to three years from 12 and proposed a new non-judicial route for struggling mortgage holders to discharge their debt.

Debt-laden Ireland readies softer bankruptcy law

DUBLIN (Reuters) - Ireland will publish a bill to ease its strict bankruptcy rules by early April, fulfilling a requirement of its EU/IMF bailout and offering relief to thousands struggling under crippling mortgage debt. It can take up to 12 years in Ireland to be discharged from bankruptcy, compared with one year in the United Kingdom, prompting several high-profile developers to travel west ...