I am not sure if this is the appropiate place to post this or not so I am apologizing in advance if not. I am starting graduate school and I notice that my loan approval amount is pretty low, I don't even think that it will cover all my books after tution is paid. I am now one year out of BK, does a BK affect your student loan status?
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Welcome to BK Forum, dobetter!
The FinAid website does a great job explaining how bankruptcy impacts getting student loans - http://www.finaid.org/questions/bankruptcy.phtml . They note that generally speaking, a bankruptcy should not have an impact on eligibility for federal student aid but can definitely impact your ability to qualify for private student aid. Please come back and let us know if any of the information they provide is helpful in your situation. Good luck!Originally posted by dobetter View PostI am not sure if this is the appropiate place to post this or not so I am apologizing in advance if not. I am starting graduate school and I notice that my loan approval amount is pretty low, I don't even think that it will cover all my books after tution is paid. I am now one year out of BK, does a BK affect your student loan status?I am not a lawyer and this is not legal advice nor a statement of the law - only a lawyer can provide those.
06/01/06 - Filed Ch 13
06/28/06 - 341 Meeting
07/18/06 - Confirmation Hearing - not confirmed, 3 objections
10/05/06 - Hearing to resolve 2 trustee objections
01/24/07 - Judge dismisses mortgage company objection
09/27/07 - Confirmed at last!
06/10/11 - Trustee confirms all payments made
08/10/11 - DISCHARGED !
10/02/11 - CASE CLOSED
Countdown: 60 months paid, 0 months to go
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And please let me know as well.... I am a current student and need to know as well I am taking some graduate courses as well and need a loan for the spring semester and was wondering how I can be affected.
Also is ur loan private?Discharged... 2/13/07
Closed... 2/20/07
Ochard Bank $600 Household Bank $600
Hooters Card $1000 Target Store Card $500
Discover HSBC $300
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I'm a grad student and I have federal loans. THe BK has had no affect on my financial aid at all.Originally posted by Princesskina View PostAnd please let me know as well.... I am a current student and need to know as well I am taking some graduate courses as well and need a loan for the spring semester and was wondering how I can be affected.
Also is ur loan private?Filed CH7 - 10/13/05;
341 Meetings: 11/28/05, 3/20/06, 12/4/07 (3d time's a charm!)
Converted: 2/15/06 (to CH13), 10/15/07 (Back to CH7)
DISCHARGED: 2/15/08
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