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First, you don't file BK on a thing..a loan or a debt...YOU file BK and it effects everything you own and everything you owe. No picking and chosing. Gov't insured or Guranteed student loans - which means most all programs - are exempt from discharge in bankruptcy. Therefore, they will not be changed.

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Q: Can you file Chapter 7 Bankruptcy on a Signature Student Loan?
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Student loan co signers I filled chapter 7 bankruptcy in Michigan can my name be removed from the sallie Mae student loan that I co signed with my son under Michigan bankrutcy law?

Most student loans are not dischargeable under any chapter of Bankruptcy in Michigan.


Can you file a student loan in chapter 13 bankruptcy?

Gov't insured or Guaranteed loans are not dischargable.


How hard is it to claim student loans on a chapter 7 bankruptcy?

I have been through Chapter 7 twice and both times was unable to claim my Student Loan.


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.


Can my wages be garnished by the student loans while i am in a chapter 13 bankruptcy?

If your bankruptcy is currently active, collection efforts on the student loan will cease until the bankruptcy inactive at which point collection activities will start again.


If you file chapter 7 bankruptcy does that eliminate paying back the parent plus college loan?

Student loans are exempt from bankruptcy as are IRS debts


Can you file bankruptcy for your student loans and keep your house out of it?

If the student loan is a federal loan and not a private loan then the answer is no. Federal student loans can not be included in bankruptcy, you will always be responsible for repayment of FEDERAL student loans.


Student loan after bankruptcy?

You pay it.


An you get a student loan after bankruptcy?

In the US, yes


Can you apply for a student loan after a filing for bankruptcy?

Only if the bankruptcy is currently discharged.


Can you get a mortgage loan if you are in a chapter 13 bankruptcy?

If you are lucky, yes. But most likely, no lender will give you a mortgage loan if you are or have declared bankruptcy.


Can an advance cash loan be part of a Chapter 7 bankruptcy?

Yes, it is an unsecured loan.