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I believe the answer would be only if you need it. If you have enough money to get you through school then non-priority, if you do not have money for schooling then I would say priority.
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∙ 14y ago
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Are payday loans unsecured nonpriority claims?
Yes, in a general way of classification. The non priority claim would only apply in bankruptcy or probate matters, not in a civil suit brought by the lender for a debt owed.
Is a negotiable promissory note owed to a friend a priority claim when filing for bankruptcy?
No, it would be a nonpriority, unsecured debt.
Can student loans be exempt from creditors?
Your outstanding student loans will not be exempt from creditors nor will they be dischargeable (absent exceptional circumstances) in a Chapter 7 or 13 bankruptcy proceeding. This is an important obligation that should be a priority you attend to because it will NOT go away.
If you have outstanding student loans and die is the estate charged for the student loans?
Actually, that's not true - student loans are forgiven when the student dies.
Are student loans forgiven after age 60?
Are student loans forgiven at age 60? Are student loans forgiven at age 60?
What company provides direct student loans?
There are only a few companies that provide direct student loans. You can go to a bank and get student loans from there, or you can get Federal Loans from your school.
How can you get your student loan to not be shown as included in bankruptcy since you are paying on it?
You must list all debt owed in a bankruptcy. In a Chapter 7 Bankruptcy federal student loans are listed on Schedule F as a unsecured non-priority debt with an indication that they are student loans. Please note that nothing in this posting or in any other posting constitutes legal advice.
Can private student loans be consolidated with federal student loans?
Sometimes private student loans can be consolidated depending on certain factors including the rules of your lender, whether you are in deferrment or default and your credit score. You cannot however, consolidate federal student loans and private student loans together.
What kind of agency is The Student Loan People?
The Student Loan People is an agency that specializes in student loans. They are located in Kentucky. They work with people getting student loans, collections and repayments of student loans.
Are all student loans federal loans?
No, private lending institutions (such as banks) also give out student loans.
Are all student loans issued by the Federal Government?
No..there are also private student loans.
Where do I find out about consolidating student loans?
Talk with whoever you got your student loans through. They will be able to tell you if you can consolidate your loans or not.
