Any debt listed (or should have been listed) in your bankruptcy can be reported as discharged for the ten years the bankruptcy can be reported. Since a student loan cannot be discharged without proving a hardship (the difficulty of which varies from state to state and even court to court), the default can probably be reported as long as it remains unpaid.
No. If you default on your mortgage the lender will take possession of the property by foreclosure. Whether you file bankruptcy is an unrelated issue.No. If you default on your mortgage the lender will take possession of the property by foreclosure. Whether you file bankruptcy is an unrelated issue.No. If you default on your mortgage the lender will take possession of the property by foreclosure. Whether you file bankruptcy is an unrelated issue.No. If you default on your mortgage the lender will take possession of the property by foreclosure. Whether you file bankruptcy is an unrelated issue.
While in general you should always follow your attorney's advice, you may wish a second opinion from another attorney this time. A bankruptcy does not get you out of student loans. If you were going to lose your income tax refund to the student loan people, then even after bankruptcy you still will.
Yes. With the lender's permission, you can reaffirm the loan at the time your bankruptcy is executed.
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.
No you can not file bankruptcy on anything that is court ordered.CAN YOU FILE BANKRUPTCY ON RESTITUTION?
Yes, most judgments can be discharged in a chapter 7 bankruptcy.
It's my understanding that student loans are not discharged by bankruptcy any longer. YOu should check this, though
Gov't insured or Guaranteed loans are not dischargable.
no it will stay with you forever like student loans
If you file bankruptcy, you file bankruptcy on everything. You can not file bankruptcy on one loan.
a file is like a file of a student in a school a record is like what they have done in the past like record books and stuff.