If the date of bankruptcy is more than seven years after the finish of studies, the debt will be wiped out upon the bankrupt's discharge.
A discharge from bankruptcy does not release a student loan if the bankruptcy occurs within seven years after finishing studies. A Court can order the discharge from a student loan at any time after ten years of ceasing to be a student, and after being discharged from bankruptcy, if the person has acted in good faith and the person will continue to experience financial difficulty in paying the student loan.