Student Loan Discharge Success Story:
$183,000 in Federal Student Loans Fully Discharged using DMM Portal
Case Overview
Stuart Young, a bankruptcy attorney in West Palm Beach, FL, represented a retiree in her mid-70s who went back to school later in life, earned a degree in psychology, and accumulated $183,000 in federal student loan debt across 10 loans. Despite multiple prior attempts at relief, she remained burdened with massive student loan debt as she entered retirement.
“Historically there was no way out of student loans for my clients, and the interest just kept accruing. It was a horrible nightmare,” said Young.
In the past, discharging federal student loans through bankruptcy was nearly impossible due to the strict “undue hardship” standard. But new Department of Justice guidance under the Biden and Trump Administrations created an opportunity for real relief. Today, 85% of adversary proceedings on student loans are resulting in discharges.
Solution
Stuart turned to Stretto DMM Portal to manage the discharge through the product’s simple three-step process:
- Quick assessment. Stuart completed a free Discharge Snapshot to determine the likelihood of discharge. The assessment took 90 seconds and showed that the client was eligible.
- Deeper evaluation. Stuart then used the Discharge Analyzer to answer straightforward questions and received a full analysis validating that his client was a good candidate for discharge.
- Creation of the attestation. After confirming with his client that she would like to proceed, Stuart downloaded the fully populated Attestation in two minutes.
With the Attestation in hand, Stuart field the adversary proceeding and submitted the Attestation to his AUSA.
Results
In just six months, the court approved a full discharge of $183,000 in federal student loan debt, reducing the client’s balance to zero.
For the retiree, this meant entering her later years free from decades of financial strain. For Stuart, it provided not only life-changing relief for his client but also a new revenue stream for his practice.
“Now that there’s a strong likelihood of student loan discharges, I’m able to better serve my clients and meet my ethical obligations. The DMM Portal made the process so easy,” Young explained.
Although he charged a modest $3,500 fee for his services, Stuart emphasized that the true value was in providing life-changing results. “DMM Portal made getting my client’s federal student loans discharged so easy, I felt like giving my fee back,” he said.
Stuart now plans to expand his student loan discharge practice, confident that DMM Portal gives him the tools to deliver results for clients who previously had no options.