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  2. Student loans and bankruptcy: What you need to know - AOL

    www.aol.com/finance/student-loans-bankruptcy...

    To get student loans discharged, you'll need to prove that they cause you "undue hardship." Borrowers can choose between Chapter 7 and Chapter 13 bankruptcy, but they must file a separate ...

  3. Student loan statute of limitations: What to know about your ...

    www.aol.com/finance/student-loan-statute...

    Private student loans, on the other hand, have a statute of limitations of anywhere from three to 10 years. After this, they become time-barred. The exact time frame depends on your state of ...

  4. What is a 1099-C Cancellation of Debt form? - AOL

    www.aol.com/finance/1099-c-cancellation-debt...

    If you have more than $600 of taxable debt forgiven, you’ll receive a 1099-C Cancellation of Debt form from the lender. This form is a tax document that the lender is required to file. It will ...

  5. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [ 1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...

  6. These are the best debt relief options — which is right for you?

    www.aol.com/finance/different-debt-relief...

    Declaring bankruptcy may be the best solution if all the following are true: You have large amounts of unpayable debt. You are already at risk of losing essential assets — such as your car or ...

  7. More student loan borrowers are getting relief through ... - AOL

    www.aol.com/news/more-student-loan-borrowers...

    Courtesy Cornell College. More student loan borrowers have successfully received debt relief through bankruptcy after the Biden administration implemented a new policy to make the process easier ...

  8. Thinking About Filing for Bankruptcy? It’s Worth ... - AOL

    www.aol.com/finance/thinking-filing-bankruptcy...

    There is no minimum amount required to file for bankruptcy. However, a standard guideline is that $10,000 or more in debt is enough to consider filing. This is because filing for bankruptcy costs ...

  9. Student loans: Advocates cheer new guidance for debt ... - AOL

    www.aol.com/finance/student-loans-advocates...

    New guidance. In theory, student loan debt can be discharged in a bankruptcy proceeding. If the bankruptcy court approves the discharge, the debtor has to submit a separate filing to prove ...

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