this is a loan from the year 1985 that i have been paying for on for a year now. I am going to file bankruptcy soon.
2007-02-15 09:19:00 · 7 answers · asked by the fnho 3 in Business & Finance ➔ Other - Business & Finance
I SO wish I could say yes, unless your state has a different policy for Govt. loans - no. I have had one since 1987 and filed Chapter 13 - where you're suppose take it ALL out and THAT didn't get to apply! Does that suck or what? So my taxes take care of it every year and I'm DOWN TO $1300 left! Good luck!
2007-02-15 09:22:04 · answer #1 · answered by curiousgeorgette 4 · 0⤊ 0⤋
I have heard not to add a student loan to a bankruptcy filing because the interest rates are usually low, like 2-3%. However, this information was regarding a Chapter 13 filing. Call a local bankruptcy attorney to be for sure, or check online. There are tons of sites relating to bankruptcy, and what you can file on.
2016-05-24 04:34:26 · answer #2 · answered by Anonymous · 0⤊ 0⤋
All government student loans must be paid back. Even after your bankruptcy is discharged.
2007-02-15 09:24:50 · answer #3 · answered by Lalah 2 · 0⤊ 0⤋
Not if the student loan has a government backing.
2007-02-15 09:21:31 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Government backed student loans must be paid no matter what..anything criminal as well.
2007-02-15 09:24:39 · answer #5 · answered by 00666 3 · 0⤊ 0⤋
Thats is pretty much a No.
2007-02-15 09:22:52 · answer #6 · answered by behr28 5 · 0⤊ 0⤋
Yes you can !!
2007-02-15 09:21:53 · answer #7 · answered by MR.Truth !! 4 · 0⤊ 0⤋