A debtor can obtain the discharge of a student loan if the debtor proves, by a preponderance of the evidence, that the debtor cannot maintain, based on current income, a minimal standard of living; that this state is likely to persist for a significant portion of the repayment period; and that the debtor attempted in good faith to repay the loan, pursuant to 11 United States Code §523(a)(8).
|November 12, 2012
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
This premium content is locked for Connecticut Law Tribune subscribers only.
Subscribe now to enjoy unlimited access to Connecticut Law Tribune content,
5 free articles* across the ALM Network every 30 days,
Exclusive access to other free ALM publications
And exclusive discounts on ALM events and publications.
*May exclude premium content Already have an account? Sign In Now
Interested in customizing your subscription with Law.com All Access?
Contact our Sales Professionals at 1-855-808-4530 or send an email to email@example.com to learn more.
As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters.
Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss.
Tailored just for you. In your inbox. Every day.