Wednesday, May 26, 2010

Can Bankruptcy eliminate student loan debt?

Most likely not. You should look into the details of the contract that you signed with said student loan office.



Can Bankruptcy eliminate student loan debt?

Yes, after you have been paying on the loan or have been out of school for 7 years they are dis-chargeable.



Can Bankruptcy eliminate student loan debt?

Depends on what student loans you have. If they are Federal, than no..sorry. If you have private school loans, than they can be added into your bankruptcy.



Can Bankruptcy eliminate student loan debt?

Only if you transfer debt to a credit card or other lender beside a lender that loans for dept of education.



Can Bankruptcy eliminate student loan debt?

No, government loans are garnishable. Even if you are not working now they will garnish your pay as soon as you find a job.



Can Bankruptcy eliminate student loan debt?

New bankruptcy laws have been passed recently. No student loans can be discharged.



Can Bankruptcy eliminate student loan debt?

Sorry, I dont think there is any way around paying back student loans.



Can Bankruptcy eliminate student loan debt?

Nope, but nice of you to try.



Can Bankruptcy eliminate student loan debt?

When I filed my bankruptcy last year I was told that Federally funded education loans can not be included in the bankruptcy.



Can Bankruptcy eliminate student loan debt?

Federal Student Loans are one of three debts that CANNOT be discharged by bankruptcy.



Back Taxes and Child Support are the other two.



They will garnish your wages, take you to court or put you in jail for failure to pay on these debts.

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