Question
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Mar 19, 2007, 11:35 AM
| | New Member  | | Join Date: Mar 2007
Posts: 2
| | | Private Student Loans
I have about 105,000 in private student loan debt. With my payments starting to be the full amount, im not sure what i can do. Does the new bankruptcy laws protect the private student loan debt from being discharged even though they aren't federal loans? Thanks for any help. Any suggestions will be great.
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Answers
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Mar 19, 2007, 12:08 PM
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#2
| | Home Repair & Remodeling Expert
Join Date: Dec 2006 Location: Wheaton, Illinois, USA
Posts: 8,129
| Could you re-read your post and possibly restate it or at least rephrase? |
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Mar 19, 2007, 12:33 PM
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#3
| | American Immigration Expert
Join Date: Feb 2007 Location: Montreal, Canada
Posts: 1,822
| Also where are you located? In Canada a bankruptcy does not erase student loans unfortunately | |
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Mar 19, 2007, 12:42 PM
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#4
| | Administrator
Join Date: Mar 2005 Location: Behind You !!
Posts: 5,778
| FYI,
Member is located in Texas. | |
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Mar 19, 2007, 12:46 PM
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#5
| | American Immigration Expert
Join Date: Feb 2007 Location: Montreal, Canada
Posts: 1,822
| Ah, well then nevermind!
How did you see this, when i go to look at the profile i never see the city someone lives in | |
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Mar 19, 2007, 12:48 PM
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#6
| | Administrator
Join Date: Mar 2005 Location: Behind You !!
Posts: 5,778
| Lowtax, ask no questions and I'll tell no lies  | |
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Mar 19, 2007, 01:09 PM
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#7
| | Home Repair & Remodeling Expert
Join Date: Dec 2006 Location: Wheaton, Illinois, USA
Posts: 8,129
| Lowtax, read the line under Curlybens name, it says administrator. They know everything. | |
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Mar 19, 2007, 01:20 PM
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#8
| | Administrator
Join Date: Mar 2005 Location: Behind You !!
Posts: 5,778
| Ballengerb1, the important title is the one in my signature | |
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Mar 19, 2007, 02:55 PM
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#9
| | New Member
Join Date: Mar 2007
Posts: 2
| Quote: | Originally Posted by ballengerb1 Could you re-read your post and possibly restate it or at least rephrase? |
I would like to know if bankruptcy would discharge my private student loan debt since it is not a federal loan? Yes, I do live in Texas. Thanks! | |
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Mar 20, 2007, 08:29 AM
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#10
| | Junior Member
Join Date: Sep 2006
Posts: 55
| Unfortunately not. I just inquired about this very same thing with my bankruptcy lawyer. | |
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