Launch HN: Reset Button – helping consumers include student loans in bankruptcy
Reset Button helps consumers with the process of including their student loans in bankruptcy.
The American middle class is being crushed by $1.6 Trillion in student debt, and there's been a misconception that student loans can't be included in bankruptcy.
Turns out this narrative is completely false - but it's reached a level of "mythic proportions", according to a bankruptcy judge in NY.
It's a massive failure of the American legal system - in the last 5 years, over 1 million people with student debt have declared bankruptcy, and less than 0.1% have even attempted to have their student loans included.
Reset Button connects qualified consumers with an affiliated lawyer who has specific experience discharging student debt.
Rather than having to come up with $10k+ upfront for a retainer, consumers instead pay a small monthly fee to receive legal services - and they don't pay anything if the attorney is unsuccessful under our "Fresh Start Guarantee."
For attorneys, we're essentially a business-in-a-box - we connect them with prospective clients, and provide software and services that help automate and optimize their workflow.
We're backed by some top tier investors, and have a world-class team in place. We're excited to take on the challenge of making justice accessible to the middle class.