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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
What else can I help you with?
You have tourettes syndrome how do you get your student loans payments dropped?
If you're permanently and totally disabled, you can apply to have your federal loans discharged. Having a medical condition does not entitle a non-disabled person to lower payments, but you may qualify for income-sensitive payments.
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.
Can a student loan be discharged when you become disabled?
Depends on the student loan type and whether or not your disability is total and permanent. I have a new york higher education loan.
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.
Do disabled students in Texas have to take standsrized test?
It depends on what you mean by disabled. If you mean physically disabled, the student will be given ways to take the test.
Can you apply for a student loan after a filing for bankruptcy?
Only if the bankruptcy is currently discharged.
Do student loans automatically come with filing bankruptcy?
Federal Student loans cannot be discharged in bankruptcy. You must repay them.
May a person who is permanently and completely disabled who receives a thousand dollars per month from SS DI file bankruptcy to get out from under a student loan?
For student loans to be discharged in bankruptcy the specific guidelines defining "undue hardship" must be met. (1) The borrower has a physical or mental condition which renders them permanently disabled. (2) There is not a possibility of the borrower becoming gainfully employed in the future. (3) The borrower has made a reasonably good faith effort of repayment.
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.
Is student loan discharged after 30 years of non-payment while disabled for last ten years living in poverty and at times homeless?
Student loans that were guaranteed by the Feds never go away until they are paid off or an agreed settlement is reached. The Fed will take the money out of your Social Security check if you haven't paid it off by then. Ouch!
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.
