Monday, April 25, 2011

Your Questions About Student Loans Bankruptcy

Carol asks…How does bankruptcy effect ones ability to get student loans?I know you can't usually include student loans in a bankruptcy, but what if a person files for chapter 7 and then wants to go back to school? Will they be able to get loans for school?dude17111 answers:You cannot be denied a Federally guaranteed student loan because you have filed bankruptcy (11 USC 525).

You can and probably will be denied a private student loan because of your bankruptcy. Those are dependent upon

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