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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.

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