1. The Department of Education’s Total and Permanent Disability (TPD) Program

If you are grappling with a disability, the Department of Education’s TPD program offers a promising way to discharge your federal student loan debt. The program recognizes that borrowers who are totally and permanently disabled might not be in a position to fulfill their loan obligations.

Applying through the TPD program involves providing evidence of your disability. Once your application is accepted, there is a monitoring period to ensure your income remains below a certain threshold. If you meet all requirements, your loans could be completely discharged.

Recent Success Story:

Herrin Law, a renowned law firm, recently navigated the intricacies of the TPD program for a client, resulting in the elimination of over $500k in student loan debt. This victory was achieved in just six months, showcasing the efficacy of the TPD route when executed with expertise.

 2. Bankruptcy: Discharging Student Loan Debt

Contrary to popular belief, student loan debt can be discharged in bankruptcy, although it’s not as straightforward as discharging other types of debt. To do this, you need to prove “undue hardship,” which entails demonstrating that making loan payments would strip you of a minimal standard of living, this hardship will persist for a significant portion of the loan repayment period, and you’ve made good faith efforts to repay the loans.

While this route is challenging, it’s not impossible, especially if your income situation establishes that repaying your loans is virtually unfeasible.

Recent Success Story:

Herrin Law recently championed the case of a client in bankruptcy, resulting in the discharge of over $80k in student loan debt. This outcome underscores the fact that bankruptcy, when approached strategically, can be a viable solution for overwhelming student loan debt.

 In Conclusion

Being mired in student loan debt can feel suffocating, but there are avenues to pursue relief. Whether you qualify for the TPD program due to a disability or consider bankruptcy as a last resort, the key is to be well-informed and seek professional assistance. As illustrated by the successes of Herrin Law, expert guidance can make all the difference in charting a debt-free future.