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How does my poor credit and or bankruptcy affect my children getting student loans?
It does not affect them.
Will back taxes effect your student loans?
No, but is will affect your credit report.
Why would one want a consolidation of their student loans?
Consolidation of student loans offers the opportunity to reduce interests costs and loan payment simplification. Having to deal with multiple lenders can be confusing and can cause mistakes in payment that would adversely affect credit ratings.
Can student loans be garnished from tax return?
Government Guaranteed or isnured ones, yes.
How can I find out who purchased my student loans after bankruptcy?
This makes no sense. Sorry. Student loans are not discharged by bankruptcy, and unless the loans are private, they are not sold to other lenders. Typically, loans return to the Loan Service Center of the Department of Education, and are administrated by the Department of Treasury.
Can you apply unclaimed interest paid on student loans during the 2006-2007 tax season on your 2008 tax return?
Interest on student loans isn't deductible - regardless of when paid or accrued.
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.
Can you still receive student loans to continue pursuing graduate degree while having wages garnished on previous student loans?
Absolutely not. You know that phrase "there are no stupid questions"? It's a lie.
Can you spend your student loans after your tuition and stuff is paid for?
You could but you should return the money so not to get big dept.
Do you file for taxes if you are a full-time student dependent on student loans?
Yes it is possible that as a full time student you would be required to file a 1040 federal income tax return
Are student loans forgiven after age 60?
Are student loans forgiven at age 60? Are student loans forgiven at age 60?
What is the statute of limitations on having to pay a bank Back for a student loan?
Most student loans have no statute of limitations, even if issued by a bank.
