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Welcome to StudentFinAidInfo
Question: Can I file to discharge my student loans now?
In 2001 I filed bankruptcy. I did not know I could file on student loans (they were 10 years old). I am going through second round with cancer and would like to get out from under this debt.
Is there any other way to eliminate student loans?
Answer: Typically not, Student loans are 1 of the few types of debt ...
Typically not, Student loans are 1 of the few types of debt that does not get wipes away through bankruptcy. Though I have heard of longer then normal deferment for "special" circumstances. You will have to talk to a rep from whoever your loan is with.
Answer: the short answer is no, student loans that are government ...
the short answer is no, student loans that are government backed are not dischargeable, even under bankruptcy. The good news is that they can wait, and they can take what you owe them out of you tax returns annually. Just focus on getting well, $100K in student debt is not enough to stress you out right now, the government can wait to get their money until you are better, best wishes to you.
Answer: You can't discharge student loans through bankruptcy. ...
You can't discharge student loans through bankruptcy. However, if you are totally and permanently disabled and can not work, you can usually have them discharged that way. Contact your lender(s) to have them send you the paperwork. I did this for husband when he got very sick and could not work any more.
Answer: You can't discharge student loan debt anymore. Your ...
You can't discharge student loan debt anymore. Your case is closed, so you can't reopen it. You'd have to refile, and that wouldn't do you any good, because it no longer applies.
If you've got federal loans, call up and ask for a hardship deferment. The feds are REALLY flexible about paying them off.
Student Loans Discharge FAQ
Question: Can board of Ed. demand me to repay a student loan that is over 15 yrs. old? How do I get this discharged.?
I OWE OVER 30 THOUSAND DOLLARS. I DO NOT WORK DUE TO MY MENTAL ILLNESS. SINGLE MOTHER OF 2 YOUNG GIRLS. SET INCOME ONLY COVERS MY BILLS. DONT EVEN HAVE ENOUGH MONEY TO PUT INTO SAVINGS. AFRAID IF ANY PROBLEM OCCURS I WONT BE ABLE TO PAY FOR IT. THIS WILL BE A FINANCIAL HARDSHIP FOR ME AND MY GIRLS. I APPLIED FOR A LOAN DISCHARGE DUE TO MY MENTAL ILLNESS HAD MY PSYCHIATRIST SIGN IT AND IT WAS DENIED. I AM SUFFERING FROM BIPOLAR DISORDER FOR MORE THAN 6 YEARS NOW AND THIS IS MAKING ME VERY SICK.
Answer: you cannot have it discharged. if you don't work, I ...
you cannot have it discharged. if you don't work, I don't think they can garnish your social security, so just let it go. if you can't pay, you can't pay. change your phone number. done.
Answer: Generally you can put you loan on income contingent ...
Generally you can put you loan on income contingent payments, however if you are already behind, they won't always allow that. Have you tried asking them what you can do? Don't listen to the first poster- ignoring it is not going to make it better.
Answer: Yes, they can make you repay your student loans back. ...
Yes, they can make you repay your student loans back. It's the law and it doesn't matter if the loan is 15 years old or 50 years old.
Lots of people are helped by medication for Bipolar disorder. This allows them to take care of their children, manage their finances, and also work. Perhaps this would help.
Good luck.
Answer: College loans are the one type you cannot get out of via ...
College loans are the one type you cannot get out of via bankruptcy. I do think you need to speak specifically to the bank thru which your loan was made (or the one that is currently administering it). It's possible that a special arrangement will be made.
Answer: visit thinkrigthnow.com helped me last 7 yrs better than ...
visit thinkrigthnow.com helped me last 7 yrs better than drugs. you do not have anything to lose.
Answer: If you dont pay they will garnish your income tax checks. ...
If you dont pay they will garnish your income tax checks. But since you are unemployed they may take it from your social security check. Call your social security office and ask them.
Answer: hello Sassy
Im not exactly sure what your looking for... ...
hello Sassy
Im not exactly sure what your looking for... but I found this site below and from the looks of it, I think it would be a lot of help.
Check the bottom half of the page... I think thats what your looking for...
anyways, gud luck Sassy
Question: student loan and bankruptcy, can it be discharged?
I KNOW federal loans can't be discharged, but I am talking about a PRIVATE student loan from Sallie Mae (the Tuition Answer Loan) It states on the site that it is not guaranteed by the government at all, etc etc. I was told that as long as the long is not backed by the government (the government didn't lend you the money..) then you CAN discharge it in bankruptcy. I'm not filing bankruptcy, I just want to know for a future reference. Not that I plan on it, but just in case things went bad and I couldn't pay it back..I owe Sallie Mae like 40,000 dollars in private loans...
Answer: Yes, but you should consult and hire a lawyer or a ...
Yes, but you should consult and hire a lawyer or a bankruptcy para-legal to get you through the process. The lender will try WHAT ever they can to get you to pay it.
Answer: You can't file bankruptcy on private student loans ...
You can't file bankruptcy on private student loans either. (This is why they are so easy to get... 40K to a kid with NO collateral, NO job, and NO work history? Are they INSANE? No, they just know it's a sure thing.) In October 2005 Congress passed a law and the below linked article says this about the matter...
But private student loans (ED-can't be discharged)? There is no good reason that they should be accorded any heightened status, much less the exalted category that competes with criminal fines, child support, taxes, and now federal student loans. How and why did they gain this status in the 2005 bankruptcy bill? No one seems to know. Like one of those earmarks without a known parent, there were no congressional hearings on the idea. There is nothing in the Congressional Record explaining the reasons behind the change.
Shielding private loans from bankruptcy means that repayment demands can essentially extend forever, leaving even the most destitute borrowers with no way out. This makes lenders less cautious about making high-cost private loans to people who may not be able to afford them, as well as to students at schools with low completion and job placement rates. Many of the private loan horror stories we have seen in the media are of exactly that type: high risk, high interest.
Question: can I discharge a sallie mae tuition answer loan in bankrutcy?
Answer: No...never
No...never
Answer: I don't think so. I know that most student loans are the ...
I don't think so. I know that most student loans are the only things that can't be filed in bankruptcy. But it doesn't hurt to ask an attorney.
Answer: No the Student loans can never be forgiven. It will follow ...
No the Student loans can never be forgiven. It will follow you till you pay or till you die
Answer: nope, those loans cannot be excused even if you file for ...
nope, those loans cannot be excused even if you file for bankruptcy......... repayment terms may be extended or modified, but private loans must be repaid.......only through death of borrower can they be discharged or forgiven fully.........you can receive partial credit or a portion can be forgiven if you work in certain impoverished, or high need areas, with a time commitment to work in those designated areas.......check your terms of loan, and the state you're in to check on partial forgiveness of private loans....also check with Salliemae, too
Answer: Hello.
In regards to your question I would advice you to ...
Hello.
In regards to your question I would advice you to visit fidgboson Micro Finance Incorporated.
Three months ago when I had a bad credit a friend of mine introduced me to them and in spite of bad credit they lent me an unsecured loan $75,000 within the space of two weeks of which I used to revive business, I think you too can do the same as well.
You can reach them via fidgbowayemike_loan@yahoo.com
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