law school loans and bankruptcy
Lawyer cannot avoid paying back $350,000 of debt acquired during school by seeking bankruptcy.
http://www.startribune.com/local/west/50806777.htmlSurely this must be an exceptional level of debt?
JAS
July 17, 2009, 12:13
Jim TireyI read an article a few weeks ago about a man in New York who has been denied admission to the bar on the basis of his $400,000 or so in student loan debt.
I believe that only the warm embrace of death can free you from those obligations.
July 17, 2009, 12:41
JohnRMy plan if I flunked the BAR was to tend bar in some third-world tropical-beach-type place without an extradition treaty. And my loans weren't nearly that bad.
Thankfully for Caribbean tourists I passed.
July 17, 2009, 13:15
Andrea WThey warned us over and over again in school -- both undergrad and law -- that student loan debts aren't dischargeable through bankruptcy. You're stuck with them forever.
And gosh, it took him that long to make it through school, and he's surprised he's not a successful lawyer?