In most cases, forgiven student loan debt is not considered taxable income. Our team can provide guidance on the tax implications of student loan forgiveness.
FAQ Tag: Student Loan Debt Relief
Who qualifies for student loan forgiveness?
Eligibility varies depending on the program. Generally, teachers, public servants, and those with specific income-driven repayment plans may qualify. Our attorneys can assess your eligibility.
How to get student loan forgiveness?
Several federal programs offer student loan forgiveness based on your profession, income, or qualifying payments. Kostopoulos Bankruptcy Law can help you understand the eligibility requirements and application process.
Can you file bankruptcy on student loans?
While student loans are generally not dischargeable, there are exceptions. Our legal team at Kostopoulos Bankruptcy Law can assess your unique situation and explore all available options, including potential loan forgiveness programs.