People, please don't be rude, this is not ME that I'm talking about, this is just a serious question that needs a serious answer.
2007-11-17 00:44:20 · 5 answers · asked by summer 3 in Education & Reference ➔ Financial Aid
On a federal loan no...on a private loan...depends on the trustee and your situation
2007-11-18 11:16:39 · answer #1 · answered by Kute_N_Pretti 5 · 0⤊ 0⤋
I'm pretty sure you can't get rid of those loans. Mostly because there is no "tangible object" that can be reposessed and sold to help pay down the loan, like a home or a car. The education you have earned always remains with you, no one can take it away. So, they don't let you write off loans for that education with a bankruptcy filing.
2007-11-17 00:53:51 · answer #2 · answered by 2007_Shelby_GT500 7 · 0⤊ 0⤋
No you can not discharge a student loan in bankruptcy.
2007-11-17 11:33:44 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Absolutely not. It is just about the only debt that will never go away, so choose your loans wisely.
2007-11-17 00:48:38 · answer #4 · answered by Carley 2 · 1⤊ 0⤋
sadly, no. they must be paid-cant file bankruptcy against the government. they are going to get their money one way or another.
2007-11-17 01:48:01 · answer #5 · answered by Anonymous · 0⤊ 0⤋