CALL ATTY. MIKE TOLL FREE 

1-866-LAW-MIKE

(1-866-529-6453)

This article is for information purposes only and is not intended as legal advice. To speak to the lawyer, Michael Spevack, please call or email.

Student loans and credit card debt are different types of debt under the Bankruptcy Code and are subject to much different treatment generally under the code. Just as back taxes are also a separate classification of debt.

It is generally possible to discharge, that is "wipe clean" any credit card debt which you might owe prior to consulting me. There are limited exceptions such as using your credit card for cash advances directly before deciding to file bankruptcy; using cards issued by stores, PMSI, to obtain goods from the store; other "fraudulent" misuse of credit cards. Keep in mind that credit card debt is generally dischargeable in bankruptcy, but, it is important to speak to a lawyer to have him talk to you about your case in more detail so that you will not run into problems with the Court.

Student loans are generally not dischargeable in bankruptcy and require special litigation in order to be discharged. Payment plans and other remedies are available. It is important to speak to a lawyer and have him analyze your situation to provide you with maximum help.

If you have questions or comments, please call or email me. Thank you for visiting my site.

Michael Spevack