2006-08-16 12:50:42 · 4 answers · asked by antoniagibson 1 in Business & Finance ➔ Personal Finance
You could fake your death and assume the identity of someone else who died. Other than that, I don't see it happening short of dying yourself.
2006-08-20 08:20:10 · answer #1 · answered by PALADIN 5 · 1⤊ 0⤋
unfortunately there is no way to "get out of them"...you will have to pay them off. They will take all tax refunds, garnish your wages and even attach your estate after your death until they are paid. Your children can even be denied loans due to your default.They will not settle for less than you owe and the amount will continue to go up quickly. Talk with them and start a payment plan you will be happy you did. SUCKS BUT TRUE
2006-08-18 12:20:59 · answer #2 · answered by kjathena1 2 · 0⤊ 0⤋
Pay them off. Even bankruptcy isn't going to help you much since most student loans can't be discharged through bankruptcy.
On the bright side, the law generally limits garnishment to 10% of your take-home pay.
2006-08-16 13:02:34 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Pay them.
2006-08-16 12:55:27 · answer #4 · answered by stratmagic 2 · 0⤊ 0⤋