Personal bankruptcy may seem like the right decision for your finances now, but some people worry that it might have ripple effects on their future. Specifically, many people worry that a personal bankruptcy filing in their past might affect their potential to pursue higher education.
While bankruptcy typically may not be used to clear debt related to student loans, filing may help give you a fresh financial start. Bankruptcy may help clear credit card or personal loan debt that accumulated while you were in school. With the burden of debt cleared you may be in a better position to pursue more education, which can often be very costly.
What are your options? Find out by speaking with a local bankruptcy attorney. Find out how your case and local guidelines apply to your plans for the future. Complete the free form on this page to connect with a bankruptcy lawyer near you right away.
So how might a bankruptcy filing affect the future of your education? Here’s a look at some of the ways in which bankruptcy and education are (and are not) intertwined.
If you’re eager to learn more about the potential effects of bankruptcy on education, take advantage of an opportunity to speak with a bankruptcy lawyer practicing near you today. A bankruptcy lawyer may answer your questions about the laws and how they might affect your plans for the future. Get a free case evaluation with a lawyer near you when you complete the free form on this page.