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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.
If a person files for personal bankrutsy they can try to include students loans. If the loans are from the federal government.....they are much more difficult to dimiss in bankruptsy court (most often they are not). Federal student loans will not be removed from your credit report (unless you were lucky and wiped them out in bankruptsy court) they will stay there until paid. The federal government will garnish wages, take your tax returns, freeze your bank accounts and even garnish your social security check when you retire until all loans are paid in full. Other loans through non federal agencies will be forgiven.....eventually.
no it will stay with you forever like student loans
Actually, the default will stay on your credit indefinately until you get out of default. Student loan default on Federally Guaranteed student loans has no statute of limitation. If you consolidate your defaulted student loans, they will show up as Paid In Full on your credit report. You can get help with the consolidation of your student loans through www.defaultms.com Any default is going to stick around for about 7 years.
Bankruptcy. Defaulted federal student loans.
Many colleges offer online classes, which are a good option for a single mother such as you. Check out www.grants.classesusa.com for information about student loans and grants. you go girl!
you have six months after you graduate in which your loans stay in deferment. You can continue to ask for deferment after that period if you can't make payments, but you will be charged interest.
They stay on your report until the loans are paid off.
The home stay program is a program which allows one to study in a different country than they currently reside. It is how one becomes an exchange student.
In the US, unfortunately the answer is no. A parent PLUS loan must stay with the parent. If you cosigned on a loan for your child and the loan is federally guaranteed, then you can get your name off of the loan by having your child consolidate the loans. If you need help with the consolidation of the student loans, click on the link at the bottom of this text box.
No. Unfortunately this is a fake site. The real web site for student loans can be found here : FAFSA.ED.GOV. Stay away from that site and do not give them any information.
It will follow you for the rest of your life! After you default it's said it takes 7 years but it will always be on your record. There are options of repayment but most likely you will be paying for the remainder of your life. Face it; you're a slave in this corporate world so pay what you can if you want to buy a car or a house. Oh, did I mention your tax returns? They will take your tax returns and garnish your pay check if you ever get a job and work!