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Depends on the student loan type and whether or not your disability is total and permanent. I have a new york higher education loan.
Wiki User
∙ 14y ago
Wiki User
∙ 13y agodepends on the disability, if it is minor, a) sucked in, and b)why the hell would i know. if its big then your just a retard with a lamp post for an ear.
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Your Direct Loan can be discharged if?
If you become permanently disabled or die. That's it.
Can a co-signer on a student loan get that discharged?
No.
Can you bankrupt on a government student loan?
These are not allowed to be discharged.
Your Grandpa cosigned your student loan The loan was private He recently passed away Can you get the loan discharged?
No dude you are stuck.
Can an old student loan be discharged if it is causing hardship?
Hardship dismissals for student loans are generally applicable only when the person has become disabled. Or it can be proven the person will never be able to garner enough income to pay the debt.3 Prong test...1) Can not afford the payments now.2) Can not afford the payments in the foreseeable future.3) Have made an effort to meet your obligations to the loan...3 is where most people get caught. If your loan is deferred you are OK.If you are 100% disabled and make $800 a month with $100k in student loans and you have defaulted on the loan, it most likely will NOT be discharged or reduced... but that is up to the Judge.
Can you apply for a student loan after a filing for bankruptcy?
Only if the bankruptcy is currently discharged.
If your student loan was discharged in 1985 and 20 years later you would like to go back to school will you have problems getting another student loan?
No.
I cosigned for a private student loan and then two years later she filed for bankrupcty and has been discharged now it is my responsiblity how can I get out of it if she was discharged?
You might want to make sure the student loan was discharged. Most cannot be without a showing of a hardship, and the mere inability to pay is not a hardship. If it was discharged, you must pay, but if she could get a discharge, you should be able to.
Can I get a student loan discharged as a 100 percent disabled veteran on a fixed pension?
Yes, I too am a 100% Disabled Vet. Here's the info that answers your question. The Higher Ed. Opportunity Act was changed in June 2008. http://www.studentloanborrowerassistance.org/loan-cancellation/disability-and-death/ http://www.ifap.ed.gov/dpcletters/attachments/GEN0901FP0901CB0901DischargeApp.pdf Hope this helps
Can you bankrupt an Unsubsidized student loan?
In theory yes- student loans can be discharged. In practice- it is extremely rare. The only examples i have seen where a student loan is discharged is when the borrower is paralyzed, have a severe neurological disorder, or has been diagnosed with an end stage illness and are therefore unable to work. A discharge of student loans is so rare that most attorneys flat out tell potential clients that student loans are not dischargeable. I'm not sure what you mean by "unsubsidized" - I know what it means - I'm not sure you do! A government backed (that doesn't mean subsidized) student loan cannot be discharged in bankruptcy. If it isn't government backed, it is simply a personal loan you used to pay for education and may be discharged like any other. Additionally, you do not bankrupt "a loan"...you go bankrupt - it includes all things you own and owe. Nothing is excluded. Some things may not be discharged.
Can school loan debt be added after bankruptcy hearing?
yes, but unless you can show that youre basically permanently disabled, it will be next to impossible to have the school loan discharged. (assumes a federally insured loan)
You are permanent disability and paying back your student loan?
It's possible to have your student loan debt discharged (canceled) or reduced if you meet certain requirements. See the link below for what is required.
