Rufus obtained his J.D. from Harvard in 2008. The summer be…
Rufus obtained his J.D. from Harvard in 2008. The summer before he graduated he was a summer associate for a large law firm in New York and accepted an offer to start there after passing the bar. Due to the economy and law firms scaling back on the number of associates, his offer was revoked, and he has not been able to find equivalent employment. He has substantial student loan debt- over $200,000 and interest has been accruing since six months after graduation. The only work he has been able to find is as a line cook at Waffle House making $7.50 an hour, so he has not been able to pay back any of the debt. Repaying his bills is a true hardship for Rufus. He files a Chapter 7 bankruptcy seeking to discharge all of his student loan debt and other debt he has racked up on credit cards. Rufus hopes his student loan creditor will not challenge his discharge. Rufus gets lucky and the creditor fails to file an adversary proceeding disputing the discharge prior to his 341 meeting. What happens to his student loan debt now?