Krasno Krasno & OnwudinjoWhen You Need A Workers' Compensation Or Social Security Attorney
Serving Philadelphia Since 1936
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Disability benefits and student loan forgiveness

Many individuals who choose to attend college take out student loans in order to fund their education. In recent years, a struggling economy and high unemployment or underemployment rates have highlighted issues surrounding student loan debt. Today, it can be difficult for an average able-bodied individual to find employment and repay their student loans. For a disabled individual, the responsibility of repaying student loans can be nearly impossible.

If an individual with student loan debt becomes disabled, they may be able to petition to have at least a portion of their student loans forgiven. Individual lenders have varying policies related to disability loan forgiveness. Some lenders will forgive a certain portion or percentage while others may forgive the full amount.

In some cases, however, the lender may refuse to forgive any portion of the debt amount. If, for example, a parent co-signed for a student loan, some lenders may require the parent to assume financial responsibility for the entire loan amount.

An accident or illness can strike at any time and quickly render an individual permanently disabled. Disabled individuals who meet certain qualifying criteria may be able to receive social security disability benefits. Oftentimes individuals who become disabled due to an illness or accident are unable to work and have little to no financial means. For these individuals, SSD benefits are critical in providing for basic necessities such as food, clothing and housing.

Individuals who have student loan debt and have become disabled and unable to work may want to consult with a legal professional. A skilled social security disability attorney can provide valuable information related to applying for SSD benefits as well as advice on how to go about applying for loan forgiveness programs.

Source: Los Angeles Times, "Lenders may forgive disabled borrowers' student loans," Liz Weston, Dec. 23, 2012

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Our Philadelphia firm and attorneys have received numerous accolades in the area of workers' compensation law. Several of our attorneys have been recognized by their peers and listed in Super Lawyers since 2006. The Super Lawyers process recognizes the top lawyers in their fields in Pennsylvania.

Since 2010, our law firm has been rated as a tier-one law firm for workers' compensation law claimants in Pennsylvania by U.S. News & World Report — Best Law Firms Edition.

Since 2009, Jason Krasno has been selected to the Best Lawyers® "America's Best" series. The Best Lawyers® award is given only to a handful of attorneys throughout the United States each year. Jason was also selected as a top workers' compensation attorney. You can see the articles on Jason in Newsweek's Aug. 23, 2010, edition.

Krasno Krasno & OnwudinjoWhen You Need A Workers' Compensation Or Social Security Attorney
Serving Philadelphia Since 1936

1429 Walnut Street, 16th Floor
Philadelphia, PA 19102

Toll Free: 877-794-2396
Phone: 215-310-0001
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