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‘I want desperately to file for bankruptcy.’ I’m an attorney with more than $200K in student loans — how should I handle this debt?
Market Watch ^ | March 21, 2022 | Alisa Wolfson

Posted on 03/21/2022 6:42:00 AM PDT by grundle

Question: I’m an attorney with over $200,000 in federal student loan debt, and I desperately want to file for bankruptcy on these loans. I’m on an income-driven repayment plan and would like my student loans to be forgiven or eliminated, if that option is available to me. Can you please help?

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To: pfflier

Must not be a very good attorney if asking legal questions of internet news media.


21 posted on 03/21/2022 6:49:50 AM PDT by drSteve78 (Je suis Deplorable STILL)
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To: grundle

Sue the responsible Unis for fraud.


22 posted on 03/21/2022 6:50:04 AM PDT by Paladin2
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To: Howie66

Stop believing the Democrat tuition forgiveness BS they play that card every election.


23 posted on 03/21/2022 6:51:39 AM PDT by cnsmom
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To: grundle

My answer is for the next guy who’s contemplating going to law school on student loans.

Take up an honorable profession instead, like plumbing and learn on the job.


24 posted on 03/21/2022 6:51:55 AM PDT by OKSooner ("Nucular combat, toe to toe with the Rooskies.")
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To: Flavious_Maximus

The legal profession is not as lucrative as you might think. There is a huge oversupply of lawyers! I know a couple of lawyers that gave up practice because they weren’t making any money at it. In one case he went back to the job he did before he came a lawyer.


25 posted on 03/21/2022 6:52:13 AM PDT by Reily
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To: grundle

We’re headed back to the 70’s, folks.

Now is a good time for fixed-interest debt.


26 posted on 03/21/2022 6:52:14 AM PDT by Empire_of_Liberty
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To: castlebrew
5. Snowball the debts - smallest highest interest rate first

This is better

27 posted on 03/21/2022 6:52:18 AM PDT by FatherofFive (We support Trump. Not the GOP)
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To: BobL

You would think for all the “education” this person would know that bankruptcy doesn’t remove student load debt.


28 posted on 03/21/2022 6:52:21 AM PDT by Codeflier (I am just going to assume you are a Democrat if you call me a Putin supporter and ignore you.)
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To: grundle

Join one of the big asbestos or Roundup ambulance chaser scams. You can pay off your student debt the first day on the job and still have enough left over for a six month Caribbean cruise, a nice house and a couple of BMWs.


29 posted on 03/21/2022 6:52:41 AM PDT by FlingWingFlyer (Don't blame me, I voted for President Trump. Let's Go Brandon! FJB!)
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To: grundle
Don't expect others to pay your debt.
"Loan forgiveness" means exactly that, someone else is forced to carry your weight.

30 posted on 03/21/2022 6:52:42 AM PDT by BitWielder1 (I'd rather have Unequal Wealth than Equal Poverty.)
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To: grundle

Didn’t we do this a couple weeks ago followed by some female not wanting to pay her loans too?


31 posted on 03/21/2022 6:53:29 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
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To: grundle

Waddya bet he drives a BMW or something equivalent, has the latest iPhone, wears expensive clothes, and golfs with his buddies on the weekends.


32 posted on 03/21/2022 6:54:04 AM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: grundle

Sue your University for overcharging for your education.


33 posted on 03/21/2022 6:54:37 AM PDT by G Larry (Tolerance will rise until intelligent people are banned from thinking to avoid offending imbeciles)
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To: grundle

An attorney who doesn’t know discharging student loans is nearly impossible? Lousy attorney and law school.


34 posted on 03/21/2022 6:55:02 AM PDT by CodeToad (Arm up! They Have!)
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To: grundle

I don’t think the taxpayers should have to “forgive” you for running up a 200K debt going to college to become a shyster lawyer.


35 posted on 03/21/2022 6:55:06 AM PDT by FlingWingFlyer (Don't blame me, I voted for President Trump. Let's Go Brandon! FJB!)
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To: grundle

Charge more, work more, cook at home, pay more than the minimum. If you get 200,000 in debt for a 100,000 a year job you can pay it off in 20 years.


36 posted on 03/21/2022 6:55:16 AM PDT by webheart (I thought I was helping by getting vaccinated but they say I didn’t help at all. )
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To: castlebrew

CALLER: Hi Dave, I have 200K student loan debt and cannot make payments!

DAVE RAMSEY: What are you a doctor or a lawyer!

LOL


37 posted on 03/21/2022 6:55:26 AM PDT by fatboy
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To: Red Badger

I’ve never met a poor lawyer...................


Just go to your local DA’s office.


38 posted on 03/21/2022 6:55:41 AM PDT by nesnah (Infringe - act so as to limit or undermine [something]; encroach on)
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To: pfflier

Exactly. Does not sound too bright either.


39 posted on 03/21/2022 6:56:26 AM PDT by Bigg Red (Trump will be sworn in under a shower of confetti made from the tattered remains of the Rat Party.)
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To: grundle

Be a better attorney so you can make more money.


40 posted on 03/21/2022 6:57:23 AM PDT by gas_dr (Conditions of Socratic debate: Intelligence, Candor, and Good Will. )
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