Legal Question in Credit and Debt Law in Florida

Re: St udent loan wage garnishment

Any federal student loans would not be discharged in bankruptcy. If I were you I would go to your lenders and try to work with them explaining your situation. If you end up leaving things as they are, the student loans will stick with you for quite some time and I assume they will garnish wages and any IRS refunds you become entitled to in years future. If you would like to discuss further, please contact my office for a consulation.

Re: St udent loan wage garnishment

NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.

It is hard to say whether bankruptcy would be right for you without a thorough review of your financial picture. Student loans from a governmental agency may not be dischargeable depending on the nature of the loan. Private loans generally are dischargeable. You should meet with a qualified bankruptcy lawyer and review your situation in detail. The attorney can then advise you whether or not you are a candidated for bankruptcy.

Scott R. Jay, Esq.