Lufkin Student Debt Relief Attorney
Legal Advocate Serving All of East Texas
Owing money on student loans can seem like a never-ending nightmare. Monthly minimum payments are generally too high for the average person to pay, and anyone can easily to slip into default at any time. If you face outstanding debt for any type of student loan, our Lufkin student debt relief lawyer can help. For nearly four decades, the Law Offices of W. David Stephens has helped thousands of clients through all kinds of financial hardship. As a Board Certified Consumer Bankruptcy Lawyer, W. David Stephens has the necessary knowledge and skills to defend your rights and help you on towards a better financial situation.
To schedule a free consultation with our reputable attorney, dial (936) 298-5388 now or contact us online.
Proving Undue Hardship in Lufkin
Even if you do not finish your degree, student loans are debts that must be paid back. Generally, student loans cannot be discharged in bankruptcy cases. However, if you can prove that you are undergoing undue hardship, there is a chance that your debt will be forgiven. When determining if you have experienced undue hardship, most courts rely on the Brunner test. This standard is composed of three parts. If a person satisfies all three requirements, his or her debt may be dischargeable.
The factors considered for the Brunner test include:
- Poverty: If forced to repay your loans, you cannot maintain a minimal standard of living based upon your current income and expenses
- Persistence: Your current financial situation will likely persist for a significant portion of the repayment period
- Good faith: You made good faith effort to repay your loans
Although it is tough to prove undue hardship, it is not impossible. An experienced bankruptcy lawyer can help you determine if this is a realistic option for you or if you should consider other options such as negotiating a new payment plan. Whatever path you choose, our firm can be by your side to competently guide you through every step of the process.
Contact Our Reputable Law Firm Today
At the Law Offices of W. David Stephens, we are committed to protecting consumers from debt collectors. If you are ready to get your student loan debt under control, turn to our Lufkin student debt relief attorney today.
Connect with our skilled legal team at (936) 298-5388.