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Can You File Bankruptcy On Student Loans

Penny Said:

Can you file bankruptcy on student loans?

We Answered:

Government backed student loans are NOT dischargeable in bankruptcy. If you don't pay the bank, the government will. Then the IRS becomes the collection agency. Under recently passed laws, the bank is cut out of the process entirely and the IRS makes the loan from the start.

If you have a private loan, not backed by the government, it is the same as any other private loan.

Roger Said:

Can you file bankruptcy on private student loans?

We Answered:

Private student loans are not covered by bankruptcy

Julio Said:

How can I pay off my student tuition if I don't have a job or any source of income and can't file bankruptcy?

We Answered:

google "student loan deferment" and "student loan forbearance"

Melinda Said:

Can you file bankruptcy on taxes and student loans?

We Answered:

No you cannot...
I just went through bankruptcy last year and those were the items on the list you could not write off...

Yolanda Said:

can u now file bankruptcy on college student loans ?

We Answered:

careers.scienceontheweb.net - it provides some tips about applying to US federal and state grants for college students.

Discuss It!

buy dissertations said:

There are many policies for the students loan,therefore, many students are getting some extra benefits from this student loans and this bankruptcy is helping them to complete their student loan appropriately in a timely manner.

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The government gave the best offer for the students who took the loan from any bank for their study and when they became unable to pay, the government will stand beside them. But the students should have some qualities and power to get such assistance from the government.I must give the government appreciate for such great work.

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