In nearly every instance, a government-backed student loan is not dischargeable in a bankruptcy proceeding, by law. But what about a clearly-designated student loan that was provided by a family member, a private party, a trust, or even a non-government backed loan provided by a bank?Generally, any loan that is designated as a “student loan” from a source other than a government-backed or government-issued source would usually be dischargeable in a bankruptcy proceeding.
Such a loan would be treated like any other third-party debt, as it does not have the full force of government regulation behind its terms.
For details on items that are dischargeable or not, along with complete overviews and instructions for completing a pro se filing, see Standard Legal’s Bankruptcy legal forms software page.