There are banks that may give a hardship loan if a good credit report is received. There are also payday loan shops that will give out extremely expensive very short term loans.
One can acquire no interest loans from the following companies: No Interest Loan Scheme (NILS), Wanils, Good Shepard Micro Finance, Country First Credit Union.
One can find low cost secured loans from multiple loan companies. One may also be able to acquire low cost secured loans from one's bank branch as well.
One can acquire information about no income verification loans from many websites. Reputable bank websites are recommended, such as Halifax and Natwest.
Federal student loans do not require credit checks in order to apply and receive finical aid. Private student loans from banks and credit unions require a strong credit score to get approved or a creditworthy co-signer.
Correct me if I'm wrong, but I think that you are being asked to prepare a Hardship Letter to get your Loan Modified or Restructured. To make you understand better, Loan Modification, which can also be termed Restructuring of loans is designed to make a permanent change to your Note on one or more of your loans, which will result in a payment that you can afford. Get a lawyer-assisted loan modification company to handle your loan modification. They will charge you an upfront fee, but the end result will be a maximum benefit to you. A good company will get you into a 30 Yr, Fixed Rate loan...not another ARM and if someone tells you that you need to stop paying your mortgage in order to qualify...that is not right. We can get your loans lodified even if you are not late as long as you have a valid hardship...that is why the hardship letter is required.
One can acquire no interest loans from the following companies: No Interest Loan Scheme (NILS), Wanils, Good Shepard Micro Finance, Country First Credit Union.
One can find low cost secured loans from multiple loan companies. One may also be able to acquire low cost secured loans from one's bank branch as well.
One can acquire information about no income verification loans from many websites. Reputable bank websites are recommended, such as Halifax and Natwest.
It can be difficult to acquire a quick loan with bad credit history but there are some options that one would be suggested to do so. One can apply to Credit Union or get a loan from family and friends.
Federal student loans do not require credit checks in order to apply and receive finical aid. Private student loans from banks and credit unions require a strong credit score to get approved or a creditworthy co-signer.
I have only heard undue hardship used in a bankruptcy context when dealing with student loans. In this context, undue hardship means that you have some kind of permanent disability and are therefore unable to pay off your student loans. Basically, you would need to be paralyzed, have MS or ALS, Parkenson's, etc... Merely being unable to find a job in the filed you studied is not enough.
one of Simon Frasers hardship is scervy
Correct me if I'm wrong, but I think that you are being asked to prepare a Hardship Letter to get your Loan Modified or Restructured. To make you understand better, Loan Modification, which can also be termed Restructuring of loans is designed to make a permanent change to your Note on one or more of your loans, which will result in a payment that you can afford. Get a lawyer-assisted loan modification company to handle your loan modification. They will charge you an upfront fee, but the end result will be a maximum benefit to you. A good company will get you into a 30 Yr, Fixed Rate loan...not another ARM and if someone tells you that you need to stop paying your mortgage in order to qualify...that is not right. We can get your loans lodified even if you are not late as long as you have a valid hardship...that is why the hardship letter is required.
Chapter 13 is "reorganization" plan for payment. Student loans were within the plan for payment? or were they discharged within another bankruptcy? normally student loans are not dischargable, (11 U.S.C. sec. 523(a)(8) bankruptcy:) there are two exceptions: 1: loans are not from any governmental agency unit or non profit 2: paying the loan will impose an undue hardship to dependents.
The word "hardship" is one word, meaning difficulties or adversity.
You can acquire equity loans at either a bank or a credit union. Depending on which bank or credit union you go to, you may get a better interest rating.
Personal student loans cannot be discharged in bankruptcy in the same way as most other types of loans. You would have to file a separate lawsuit regarding the loans and prove that repaying them would be an undue hardship. Look at the "related links" for this question for a news article that talks more about the "undue hardship" standard. You should consult a bankruptcy attorney (or perhaps several to find one who would be willing to take on a student loan case) for a more personalized review. If you cannot get your loans discharged, your next best step would be to consult with a credit counseling service whose purpose is to assist you in negotiating affordable repayment plans and repairing your credit.