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CLIENT NO. 3

Client is 66. He co-signed on the student loans of his son for $180K. Son cannot pay his student loans because he has not been able to get employment since he graduated from college 3 years ago, so Uncle Sam is now collecting the $180K from him. I inform him that he may be able to discharge his FEDERAL student loans without a bankruptcy. However, he must prove permanent and total disability. There are 3 ways to prove this. If the application is successful, in other words, Uncle Sam believes client’s contention that he is now suffering from a permanent and total disability; all FEDERAL student loans will be discharged without bankruptcy! If you are in this kind of situation, it doesn’t matter how old you are, come and see me. Note that this only applies to FEDERAL student loans and does not apply to PRIVATE student loans. By FEDERAL, we mean William D. Ford Federal Direct Loan, Federal Family Education Loan, older loans that predate the FFEL program, Federal Perkins loan and TEACH Grant service obligation. Permanent and total disability means that you cannot engage in any ‘substantial gainful activity” due to a medically determinable physical or mental impairment that can be expected to result death, or has lasted continuously for at lest 60 months, or can be expected to last continuously for at least 60 months.

“THE EYES OF THE LORD ARE ON THOSE WHO FEAR HIM, ON THOSE WHOSE HOPE IS IN HIS UNFAILING LOVE. – PSALM 33:18.

Lawrence Bautista Yang is a graduate of Georgetown University Law Center and has been in law practice for thirty years. He specializes in bankruptcy, business and civil litigation and has handled more than five thousand successful bankruptcy cases in California. He speaks Mandarin and Fujien and looks forward to discussing your case with you personally. Please call (626) 284-1142 for an appointment at 1000 S Fremont Ave, MAILSTOP 58, Building A-1 SUITE 1125, Alhambra, CA 91803 OR at 20274 Carrey Road, Walnut, CA 91789.