Did you know that the Bankruptcy Court for the Middle District of Florida will be the first bankruptcy court in the Country to roll out a program designed to help borrowers repay student loans in a bankruptcy?

As of October 1, 2019, the US Bankruptcy Court for the Middle District of Florida will begin to offer a modification program within the bankruptcy to help borrowers negotiate and reduce the amount of their student loan payments.

Student loans are still non-dischargeable under the bankruptcy code but, like the mortgage modification mediation program, the bankruptcy court and the legal arena, hopes that the Student Loan Management Program will help student loan borrowers.

This is very new and we are hopeful this program will help some of the debtors over burdened with Student Loan Debt.

Sherry Ellis
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