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No. Under the old Bankruptcy Code, you could dismiss student loans if they were not government backed or if they were not issued by an entity that receives state money. However, the new Bankruptcy Code does not make this distinction, so under the new Code no student loans are dischargeable, not even private ones. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts and law, which I do not warrant, and I am not suggesting any course of action or inaction to any person. Speak to a lawyer for specific advice. If you have any questions, please refer to a lawyer in your jurisdiction. Thanks!
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∙ 2007-05-12 15:48:19
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What is the statute of limitations on private student loans in Florida?
what is the statute of limitation on private student loans in florida
Can I apply for private student loans?
https://www.studentloan.com/ contains information on student loans application, and how to pay for college. http://www.privatestudentloans.com/ has to do with private student loans
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 are student loans?
The private student loans are the loans arranged by the student through any of the private banks at a fixed interest rate. To apply to these private student loans you need a cosigner unless your credit rating is too good and you have a source of income.
What are private student loans?
The private student loans are the loans arranged by the student through any of the private banks at a fixed interest rate. To apply to these private student loans you need a cosigner unless your credit rating is too good and you have a source of income.
Can you consolidate Private student loans into federal student loans?
no. you will have to consolidate separately. with a federal lender then a private lender.
Do you have to include student loans in bankruptcy filing?
can you file student loans on bankruptcy no. But yes you do have to list them in your bankruptcy. And No they will not discharge the debt on them, if they are federal student loans.
What is the difference between private stafford and plus student loans?
What is the difference between private stafford and plus student loans?
Are there sites to explain private student loans?
There are many sited that will explain private student loans. Some are www.salliemae.com and www.suntruststudentloans.com.
How can you discharge student loans?
Slave wages at best.
Are all student loans issued by the Federal Government?
No..there are also private student loans.
Can you tell me about private education loans vs. government education loans?
If you do not want federal student loans, you can get private student loans through your bank, such as Chase or Citizens Bank. You can also get private loans through Sallie Mae.
