I am in chapter 13 with part of nelnet loan as repayment. Not sure why they did not file total loan in the plan
The purpose of Nelnet is to help student's to pay their student loans.
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.
See http://www.finaid.org/questions/bankruptcy.phtml for the answer.
The company Nelnet helps its customers finance their higher education. They specialize in helping students reorganize their payment plans, administer loans, and provide general financial support.
It's my understanding that student loans are not discharged by bankruptcy any longer. YOu should check this, though
When you file bankruptcy, you may wish to reconcile a loan. Basically, it's a loan that you have that you don't want to file bankruptcy on. You intend to keep paying it as normal, while still declaring bankruptcy on other loans.
no it will stay with you forever like student loans
Gov't insured or Guaranteed loans are not dischargable.
No you can not file bankruptcy on anything that is court ordered.CAN YOU FILE BANKRUPTCY ON RESTITUTION?
Sure. How those specific loans are handled in the BK may be uncertain.
Student loans are exempt from bankruptcy as are IRS debts
No. Educational loans will remain with your during and after the bankruptcy is completed. This holds true regardless of whether you decide to file for Chapter 7 or Chapter 13 bankruptcy.