In general, student loans, including those from Nelnet, are not typically dischargeable in bankruptcy. However, there are certain circumstances where student loans may be discharged, such as if the borrower can prove undue hardship through an adversary proceeding in bankruptcy court. This is a complex legal process that requires meeting specific criteria set by the court. It is advisable to consult with a bankruptcy attorney to explore your options and determine the best course of action.
The purpose of Nelnet is to help student's to pay their student loans.
Yes, Nelnet loans can be forgiven under certain circumstances, such as through Public Service Loan Forgiveness or other federal forgiveness programs.
If the student loan is a federal loan and not a private loan then the answer is no. Federal student loans can not be included in bankruptcy, you will always be responsible for repayment of FEDERAL student loans.
See http://www.finaid.org/questions/bankruptcy.phtml for the answer.
It's my understanding that student loans are not discharged by bankruptcy any longer. YOu should check this, though
When you file bankruptcy, you may wish to reconcile a loan. Basically, it's a loan that you have that you don't want to file bankruptcy on. You intend to keep paying it as normal, while still declaring bankruptcy on other loans.
The company Nelnet helps its customers finance their higher education. They specialize in helping students reorganize their payment plans, administer loans, and provide general financial support.
Gov't insured or Guaranteed loans are not dischargable.
no it will stay with you forever like student loans
No you can not file bankruptcy on anything that is court ordered.CAN YOU FILE BANKRUPTCY ON RESTITUTION?
Sure. How those specific loans are handled in the BK may be uncertain.
Student loans are exempt from bankruptcy as are IRS debts