Can bankruptcy affect getting approved for a student loan?

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Yes it can. A personal bankruptcy indicates that a person is a poor money manager, and any lender will be unlikely to want to lend to a bankrupt individual.
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Will bankruptcy remove your student loans?

I worked for Direct Loans so I know a little about these things. You do have a few options. If your income is very low you could change pay plans to the "Income Contingency Pl

Can you file chapter 7 and not include your student loans in the bankruptcy since they are in deferment and also continue getting student loans while in college?

\n. \n Answer \n. \n. \nI believe that student loans are a category of debt that is not dischargable in bankruptcy. The bankruptcy will show up on any credit reports,

Can you get a student loan if you have filed bankruptcy?

I am trying to figure this out myself as I have recently filed bankruptcy and both my husband and I are students. There is a portion of the bankruptcy code that makes it illeg

How does bankruptcy affect student loan wage garnishment?

Government insured student loans are exempt from the Bk process. They must be paid.. However, they will not collect money from you until the bankruptcy is dismissed or discha

Can you file bankruptcy on student loans?

Sadly, yes. What a way to start your life though. Adding that to your resume is not a great idea. Student loans are not usually discharged in bankruptcy. While in bankruptcy

Can student loan be discharged in bankruptcy?

Although bankruptcy is a genuine path to get out of debt, it leaves a long lasting scar, and comes at a high price financially and emotionally. The financial impact is severe;

Can you put student loans on bankruptcy?

You must list student loans in your bankruptcy. They are not dischargeable, though collections actions are stayed by the automatic stay when the case is filed.
In Personal Finance

Can student loans be put in bankruptcies?

I did a bankruptcy a few years back, and Student Loans are not included in the bankruptcy, which means you will still be liable to pay them back. Also a car loan or any secure
In Loans

Can you wipe out student loans with bankruptcy?

According to my Spanish teacher, student loans are the only things that cannot be "wiped out" by declaring bankruptcy. She told us that the government will continue to reach i
In Loans

Can a student loan be filed in bankruptcy?

No you can not but if you own the school it's self money that was due to classes or books you could file on that portion alone I have done that
In Loans

Can you get student loans with a bankruptcy on report?

Most federal student loans are not based on credit but rather financial need determined by your FAFSA. The FAFSA looks directly at your income and your parents income if you a
In Bankruptcy Law

What is meant by student loan bankruptcy?

Student loan bankruptcy happens when a student has not been a student for the last 7 years and declares bankruptcy. For more information please contact a student loan office.