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What else can I help you with?
What is a veteran affair loan?
if you are referring to a VA Home loan it is a benefit that veteran's earn if they are discharged honorably or under other then honorable conditions. You cannot earn it with a dishonorable discharge. It is a home loan program that guarantees the bank if the veteran defaults on the home mortgage the VA will step in and pay them a certain percentage (depending on the amount of the loan)
What is required to get a VA loan?
The first requirement to obtain a VA loan is that you must be a veteran or current member of a branch of the United States Military. If discharged, it must have been an honorable discharge.
How qualify for a VA loan?
To qualify for a VA loan, a person must be have either 4 years of active duty or 6 years of Reserve military service and have an honorable discharge. A DD 214 is required.
How can you discharge your student loans?
The only way to get out from under a student loan is to pay it off. You can go to the Department of Education web site for more information
What is the maximum personal loan that can be discharge in chapter 7?
Chapter 7 has no maximum loan amount.
What type of student loans can you file under bankruptcy?
A law was passed in 1998 that has made it even more difficult to discharge a student loan in bankruptcy. It is incredibly difficult to discharge a loan in this way, and the only approach is to convince a court that repaying the loan would create a severe hardship for you. You would have a better chance of cancelling the loans or postponing payments through forebearance or deferrment.
You received an unexpected repayment of a loan after my discharge was given Can you keep it?
No
When is astudent loan forgiven?
A law was passed in 1998 that has made it even more difficult to discharge a student loan in bankruptcy. It is incredibly difficult to discharge a loan in this way, and the only approach is to convince a court that repaying the loan would create a severe hardship for you. Otherwise there are options to research into getting your loan payments postponed and/or deferred.
If a cosigner files for bankruptcy does it put the primary signer under bankruptcy too?
No, the primary signer is still liable. But if a loan is not dischargeable, such as a student loan (actually is is extremely hard to discharge), both the primary and co-signer will STILL be liable after the bankruptcy
You missed more than 9 days of army reserve drills what are your rights?
If your unit follows the regulations, they will "U" you out of the Army. You will be given a Less than Honorable Discharge (which isn't good) and if you received any benefits (bonus, student loan repayment, etc), you could be required to pay that back.
When is the MERS deactivated on a loan?
MERS isn't "deactivated" on a loan. MERS is a servicing agent for numerous lenders and it is the actual mortgagee on a mortgage. The servicing system was devised to make mortgage discharges easier to obtain. Its involvement lasts as long as the mortgage remains unpaid. When the mortgage has been paid off then MERS will record a discharge.
What loan forgiveness options does Nelnet offer?
Nelnet offers loan forgiveness options such as Public Service Loan Forgiveness (PSLF), Teacher Loan Forgiveness, and Total and Permanent Disability Discharge.
