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Owe school money?

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    Owe school money?

    I have a student loan through Sallie Mae that I know will not be discharged but I also owe the school that I go to money directly. It's like a payment plan they put me on to finish school. I owe about $1500 and I pay $250 every other month. What will happen to this debt in BK? If I don't continue to pay them, I will lose the opportunity to finish my education and be dropped from the program.
    Would this be allowed as a monthly payment in BK? or do I just lose my education? I could re-enroll, but that would be another $4000. It would be cheaper for me to just finish where I am now.

    #2
    You need to keep paying them and finish.

    If you stop paying, you will be dropped.

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      #3
      You can still voluntarily continue to pay debts after BK that would have been otherwise discharged. Thus, since the education is more important than the discharge of this one debt, you should continue to pay it.

      On a side note, if you get dropped for owing money, they probably would NOT let you re-enroll at that school.

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