by Changegrl on November 16th, 2006

Changegrl

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4 Years ago I attended a business college for 2 months, i recieved a student loan but never completed school, If I file bankruptcy, will my student loan be wiped out and will I be able to get another student loan for a real college? A four year college?

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  • by postmuffin on December 18th, 2006

    postmuffin

    Bankrupcy is not the fix that you think it is. If the student loan is your only loan, then you need to find a way to pay it back.As Missmezzo says you won't be able to file bankrupcy. You are probably pretty young, but you don't get to just file bankrupcy and start over. Your credit is messed up for several years and bankrupcy is not free. You need to get a job (or a better job), cut back on your spending and pay your loan. Then, you can apply for another one and go back to school.

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