2006-11-30 11:48:29 · 6 answers · asked by osunumberonefan 5 in Business & Finance ➔ Personal Finance
Sorry to say, but YOU WILL PAY your student loans. They will not and can not be wiped out in a bankruptcy. SORRY:(
2006-11-30 12:12:55 · answer #1 · answered by Anonymous · 1⤊ 0⤋
It depends on what country you are in, and indeed, what state or province. I know it is not easy where I live and that a bankruptcy can affect someone's credit rating for quite a while. This could affect getting things like a mortgage, which matter to you in a few years. You may want to consult a lawyer through a law society for a free consultation or if you have any contacts with a financial planner have a talk with them.
2006-11-30 19:51:45 · answer #2 · answered by cotopaximary 4 · 0⤊ 0⤋
It may depend on the loan, but I believe most student loans are not dischargable through bankruptcy.
2006-11-30 19:50:24 · answer #3 · answered by Wayne Z 7 · 0⤊ 0⤋
It's impossible, student loans can not be eliminated by bankrupcy.
2006-11-30 19:51:59 · answer #4 · answered by errai14 2 · 2⤊ 0⤋
hi
2006-11-30 23:40:26 · answer #5 · answered by Anonymous · 0⤊ 2⤋
student loans, alimony, child support..... can NEVER be bankrupted.
2006-11-30 19:57:26 · answer #6 · answered by Anonymous · 2⤊ 0⤋