student loans

rhonda23320 · #1 Aug 10, 2004, 05:14 AM

is there a way to file bankruptcy on student loans?

Aug 12, 2004, 09:20 AM

I'm not a bankruptcy lawyer -- spend the $150 to get the correct answer for your question in your state.

That caveat being said -- in my experience it depends. I have never seen a federally-insured student loan be discharged. I'm not sure about a state government insured loan. A private student loan that is not insured or subsidized could probably be discharged.

If the answer to this question is important, you really should ask a bankruptcy lawyer. If you can't afford one, call your local Legal Aid office and they can probably tell you.

Good luck.

alexfromKona · Jul 9, 2005, 05:31 PM

They'll help you consolidate your syudent loans, and may bring the payments down substantially. Two requirements you have to be current, not in default, and no prior consolidations.

If anyone is interested write me at [email address]

lilfyre · Jul 9, 2005, 08:38 PM

Please try the sites listed below, if they are not what you are looking for I will try again.

Bankruptcy Law Questions

http://bankruptcy-law.freeadvice.com/

http://www.bankruptcyhome.com/studentloans.htm



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