- NEW!
by Old School on July 31st, 2009
No, they will not.
When I took out some student loans a few years ago, they made it absolutely positively clear multiple times that bankruptcy DOES NOT relieve one of the obligation to pay back student loans.
The student loan company will wait a very long time to get their money back, and they have ways where you can restructure or temporarily not pay your loans (although interest still accrues, so the amount you owe continues to rise). But they WILL get their money back.
I believe this exception was implemented after a substantial number of students decided "Well, my credit will be messed up for 7 years, but it's better than having to pay them back.".
What can I do when a Lawyer sends a threatening defamation letter to obtain payment?
by Mtmette1 on January 23rd, 2012
| 1 person likes this
How would violation of software license agreements affect different areas of life/economy, business, personal, legal?
by Kittenlady is waving to a friend on January 9th, 2012
| 1 person likes this
You've spent your life savings on a new car, and it trashed in a matter of minute when you decide to let your father drive it...whats next?
by O.G. Rodger on January 31st, 2012
| 2 people like this
How do you make cussing against the law for middle school students, high school students, and college students in the United States?
by cp10225 on January 9th, 2012
| 1 person likes this
I want to be a lobbyist for education. Volunteer or paid. I'm 22 and 3yrs of college. How do I do this?
by The_Inception on January 18th, 2012
| 1 person likes this
You're reading MY DAUGHTER WANTS TO DECLARE BANKRUPTCY. sHE HAS STUDENT LOANS. wILL THE BE DISCHARGED IN THE BANKRUPTCY?
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