As a result of the recent economic recession, many families are unable to pay for their kids’ college tuition. As a result, many students are turning toward financial aid as a secondary payment option.
Receiving student loans, however, carries its own set of financial risks. For instance, if a student or family with a student files for bankruptcy protection, the student’s debt will likely not be protected. Instead, the student will still be forced to make the payments.
If you or anyone you know has questions about filing for bankruptcy protection, contact the Milwaukee bankruptcy protection lawyers of the DeLadurantey Law Office, LLC, at 414-377-0518.