Due to the fact strategy to score one another federal and private college loans discharged in case of bankruptcy is the identical, experts agree that it is significantly more difficult to get federal college loans discharged than just individual ones.

As to why? For 1, very government education loan bankruptcy cases is handled by title loans Ashland City Informative Borrowing Administration Agency (ECMC). Henry Sommer, chairman of your own Federal User Personal bankruptcy Rights Cardiovascular system, says one because the ECMC’s lawyer get money because of the Agencies out-of Education, they can invest more income in the litigation than attorneys on the individual sector.