Burkburnett, TX Bankruptcy Law Firms & Lawyers

A chargeoff is merely a bookkeeping entry.  It has nothing to do with whether or not you still owe a debt, or whether the creditor can take collections actions on it. Student loans are generally not dischargeable in bankruptcy.   You can seek an "undue hardship" discharge of the student loans by filing a complaint in your bankruptcy case, but the criteria you need to prove for this is very difficult. There are also non-bankruptcy alternatives, such as doing income-based repayment plans, but you have to get your loans out of default first in order to take advantage of such programs. I suggest having a consultation with a bankruptcy attorney in your area who is experienced with student loan litigation, to evaluate your options more fully. Mark Markus has been practicing exclusively bankruptcy law in California since 1991.  He is a Certified Specialist in Bankruptcy Law by the State Bar of California Board of Legal Specialization,  AV-Rated by martindale.com, and A+ rated by the Better Business Bureau.  

It depends what type of bankruptcy you file and why type court ordered payment it is. If it is a support payment, such as child support, spousal support or alimony, no bankruptcy can discharge this obligation. However, if it was a property settlement or debt division order then those can be discharged in a chapter 13 bankruptcy after plan payments have been concluded.

Take the financial management class and apply to reopen your bankruptcy case in order to file the certificate showing that you completed the class. The fee to the court to reopen your case is $260 but this is one of those lessons you have had to learn the hard way.