Sunday, July 31, 2011

Your Questions About Government Student Loans Balance

Paul asks…What happens to families that lose their income?Nowadays, you keep hearing about families that lose their income(s) and can't make ends meet because they have to make monthly payments on mortgages, rent, credit cards balances, student loans, car payments, bills, and loans/debts that have to be paid ... and basically have little or no saved money to fall back on.

But what actually HAPPENS to these people? I'm not an expert in this area, but what exactly does "filing bankruptcy"

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