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Probably not. Maybe a consolidation loan if your financial circumstances are greatly improved and you can handle the payments. Maybe you should consider reorganization bankruptcy. Some debts will be absolved , some will have alternative payment arrangement. You need to consult a non-profit debt counselor.
What else can I help you with?
Are you eligible for a single-mother student grant if you have defaulted on your student loans?
In the US, the answer is no, unless you rehabilitate the defaulted loans for 12 months or unless you consolidate the loans. A person with defaulted federal loans is not eligible for additional federal assistance until the default status is rectified. Once the loans are rehabilitated or consolidated, you will then be eligible to go back to school and receive additional loans or grants. If you need help consolidating your federal student loans, click on the link below this text box.
If you catch up a defaulted loan can you get a another student loan?
In the US, yes you are eligible for additional student loans if you rehabilitate, bring current, or consolidate your defaulted federal loans. If you need help with the consolidation of your defaulted loans, click the link below.
Can you get your student loans paid for by joining the peace corp?
if you paid off a Defaulted student loan and don't have any other defaulted student loans, then you are eligible to get new Federally Guaranteed student loans
If you get workers comp can you borrow against it?
There are companies that will let you borrow against your workman's comp if you have already been awarded it. Global financial is an example of a company who makes loans like this.
Can you receive the GI Bill if you have defaulted student loans?
No they check on that.
Do states ever default on their loans?
Arkansas defaulted in 1933.
Is it possible to reconcolidate defaulted student loans?
In the US,it is certainly possible to consolidate your delinquent or defaulted student loans. Most lenders will not accept them, but a few will. If you need assistance with the consolidation of your loans, click on the link at the bottom of this text box.
How do defaulted homeowner loans affect bad credit?
Defaulted homeowner loans affect bad credit because it wont allow one to get a mortgage or another loan. Most banks and loan lending companies wont offer one a mortgage or a loan because one had taken defaulted homeowner loans.
What are your rights in dealing with collection agencies for a defaulted student loan?
Your rights are extremely limited. If you have a specific question, please repost. The previous person who said that cannot collect after 3 years was completely incorrect; federal student loans have no statute of limitations whatsoever, and ED is still collecting on loans from the 1960s. Collectors of defaulted federal student loans will not negotiate, collectors of private student loans will negotiate.
What is the difference between theft and borrow?
Theft is stealing something from a person or place without their consent. Borrow is when the owner of an object or item loans it to you and is in full knowledge that it is in your possession.
How much money you can borrow from bank?
The amount of money you can borrow depends on:What you are going to do with the money. For ex: in case of a home loan, you can get upto 80% of the property valueYour salary every month - Usually loans are given out depending heavily on your monthly incomeYour credit history - How properly you have repaid your earlier loans. If you have defaulted in history, the chances of getting a loan as well as the loan amount will be significantly lower.
How do i borrow money from the government?
Depends on what you are borrowing it for. Small business loans, FHA loans, student loans are through different agencies. You don't borrow directly from the government. You borrow from a private lender, and a government program guarantees them repayment.
