Some Private Student Loans Eligible for Automatic Discharge in Bankruptcy

What’s in a name? Just because your private student loan uses the term “student loan” doesn’t mean it is one. At least for purposes of the U.S. Bankruptcy Code, a student loan must be from an “eligible educational institution“ to be considered nondischargeable. If it’s not, getting rid of it in a bankruptcy can be easier than it looks. Jennifer Lynn Davidson knows this better than most.