Student loans can be stressful. Courts have recently taken action to maintain a very high standard for cancelling student loan debt through bankruptcy. While not impossible, cancelation of student loan debt will remain a very long and difficult road.
 

In Arizona, the test that Courts apply require a student loan borrower to show that: 

1) they cannot maintain, a “minimal” standard of living for themselves and their family based on their current expenses and income if they are forced to pay back their student loans; 

2) the complicating circumstances of paying back the loans are likely to continue for a significant time during the repayment period; and 

3) the borrower has made a good-faith effort to repay the student loans. 

In other words, the Court will look to see if your circumstances are extreme, if those circumstances are ongoing, and if you have made a good-faith effort to pay back your loans. 

COVID-19 student loan forbearance is set to expire September 30, 2021, which means now is a good time to make sure you are on the right repayment plan. Just because you can make your student loan payment does not necessarily mean that you are in the best program to maximize the benefits/options that may be available to you. You can learn more at FSA.
 
Student Loan Resolution Services is offering a free webinar on July 13, 2021, 11:00, which will discuss options for dealing with student loan debt. More information is available here and registration is available here
 
Hope you can join. Knowledge is power.