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What is meant by student loan bankruptcy?
Student loan bankruptcy happens when a student has not been a student for the last 7 years and declares bankruptcy. For more information please contact a student loan office.
Do student loans automatically come with filing bankruptcy?
Federal Student loans cannot be discharged in bankruptcy. You must repay them.
Student loan after bankruptcy?
You pay it.
Can you apply for a student loan after a filing for bankruptcy?
Only if the bankruptcy is currently discharged.
Can you file bankruptcy for your student loans and keep your house out of it?
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.
An you get a student loan after bankruptcy?
In the US, yes
Do you have to list student loans in bankruptcy?
Yes.
Can my wages be garnished by the student loans while i am in a chapter 13 bankruptcy?
If your bankruptcy is currently active, collection efforts on the student loan will cease until the bankruptcy inactive at which point collection activities will start again.
Can you put student loans on bankruptcy?
You must list student loans in your bankruptcy. They are not dischargeable, though collections actions are stayed by the automatic stay when the case is filed.
Which should be statements regarding bankruptcy is false?
A false statement regarding bankruptcy might be that all debts are automatically discharged when someone files for bankruptcy. In reality, certain debts, such as student loans, tax obligations, and child support, are typically not dischargeable. Additionally, the bankruptcy process can impact credit scores for years, and not all individuals qualify for every type of bankruptcy.
Can you still get student loans under bankruptcy?
Yes.
Can governmental student loans be part of a bankruptcy filing?
no
