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by Answer Rabbit on April 7th, 2006

Answer Rabbit

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Is student loan consolidation a better option than declaring bankruptcy if I can't pay my bills?

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  • by PhilDoc on April 7th, 2006

    PhilDoc

    Yes, because student loans cannot be written off in a personal bankruptcy. You can get a hardship deferment if you have a good reason. Otherwise consolidation is the most reasonable option.

    Comments

    • never knew that! interesting

      davoomac

      by davoomac on April 8th, 2006

    • yeah you got Slick Willey to thank for that one. He passed the law back in October of 98 making sdtudent loans non dischargable through bankruptcy

      asweetguy4u2know saya R.I.P Nelson

      by asweetguy4u2know saya R.I.P Nelson on October 7th, 2007

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