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What else can I help you with?
Do student loans automatically come with filing bankruptcy?
Federal Student loans cannot be discharged in bankruptcy. You must repay them.
Can you receive student loans after filing bankruptcy?
One can usually get student loans after bankruptcy so long as they meet the other eligibility requirements for those loans. Public policy mandates that a "well-educated" society is a "better" society, so for that reason student loans are protected from bankruptcy so lenders will freely give student loans without fear of being filed on. And, since student loans are excepted from discharge in bankruptcy, they're not generally too skittish about someone who has filed before. I have had several clients ask me that same question, and I tell them what I said above and I ask them to let me know if they ever do have a problem getting a student loan due to bankruptcy. So far, no one has ever called me saying the bankruptcy caused them any problems in getting student loans... for what it's worth. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts, which I do not warrant, and I am not suggesting any course of action or inaction to any person. that is not necessarily true. i filed bankruptcy and have had a steady job and even paid off a car loan that was applied for after the bankruptcy and I still cant get student loans. When you file for bankruptcy, you're still eligible for government loans, but not for private loans. These are the two basic types of loans. You should be able to qualify for government loans because these loans are based on need rather than credit
We are going to file bankruptcy we have two car loans one of which is only 5 months old It is critical that we keep two cars based on my long commute and our work schedules?
more than likely you will probably be allowed to keep 1 car because of your work, you will have to figure out something else for transportation ,declaring bankruptcy while having 2 cars with 2 loans on it will definitely be looked at, the one thing you can do is sign over 1 car into someone else's name if the are prepared to make payments ion it, however, this must be done at least 3 to 6 months before the declaration of bankruptcy
Can i claim bankruptcy on my car loan if I'm not behind on payments?
Bankruptcy is not claimed on individual loans, a bankruptcy involves all your debt. The fact that you are current on your car loan may make it easier for you to negotiate with the lender for the continued ability to pay for your car but it doesn't mean that you get to have it for free. The same is true of a home loan.
Can you be sued for a car accident after you have filed for bankruptcy?
Yes, the accident and bankruptcy are two different issues.
If you are including a leased vehicle in a bankruptcy and need a vehicle that you can afford payments on will you have a tough time getting a loan?
There are some creditors that offer car loans to those who' ve filed bankruptcy.
Where would you find records of past car loans which was finance by Bank One then loan went into bankruptcy and paid out by bankruptcy?
Try searching your credit report for info. Last resort would be to go to Lawyer that filed your bankruptcy.
Is it possible to have two title loans on the same car?
No, it is generally not possible to have two title loans on the same car as the car's title can only be used as collateral for one loan at a time.
Do you have to list student loans in bankruptcy?
Yes.
Can bankruptcy stop automatic payday loans?
NO.
Student loans and bankrupsy.can they be discharged?
Student loans do not go through the discharge procedure, only bankruptcy's. A discharge takes place six months from the date you filed for bankruptcy. Then you have to wait two years from the date of discharge to apply for a home loan.
If I want to file bankruptcy but my car is in my aunt's name is there any way she can release it into my name and I file the car in with my bankruptcy?
must be yours for two years
