Does this mean it's been discharged??

[fitman1962]

My Chapter 7 Bankruptcy was discharged on march 16th 2009. I pulled my latest credit report from Experian and this is what it said about my Sallie Mae Loan that I thought was not dischargeable.....


Status: Discharged through Bankruptcy Chapter 7/Never late. Deferred, payments begin Dec 2009.


Date Opened: 09/2008
Date of Status: 03/2009
Reported Since: 09/2008
Last Reported Date: 02/2009
Type: Installment
Terms: 180 Months
Monthly Payment: $0
Responsibility: Individual
Credit Limit: $8,820
High Balance: N/A
Recent Balance: $0
Recent Payment: $0

Does this mean I don't have to pay this back? Just curious.

Thanks!

[AngelinaCatHub]

I don't think so. Read it literally. You have been given a break to pay through in December of 09. Best to ask your attorney but it looks straight and forward to me. You ain't gonna get a gift. 'Hub

[lrprn]

...my Sallie Mae Loan that I thought was not dischargeable.....Status: Discharged through Bankruptcy Chapter 7/Never late. Deferred, payments begin Dec 2009. ... Does this mean I don't have to pay this back? Just curious.

Sorry but YES, you still owe your Sallie Mae student loan(s) - they were only in deferment during your bk. After the deferment is over, your payments will resume in December 2009.

If I were you, start making payments again as soon as possible and make the biggest payments you can afford. If you only pay the minimum Sallie Mae requests, you will NEVER pay them off.