Can you take on new student loans while under BK?

AllMyDefault

Member

Bankruptcy Newbie

Joined: Jul 2011

Posts: 47

State: Texas
#1

Can you take on new student loans while under BK?

10-30-2012, 10:38 AM

Can you take on new student loans while under BK?

Since you can't discharge them anyway, it would seem acceptable. You tell me.
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Fleischman

Junior Member

Joined: Nov 2012

Posts: 8

State: California
#2

11-13-2012, 06:21 PM

If you're in a Chapter 7, no problem. If you're in a Chapter 13 you may need court approval to incur new debt.

I'm a lawyer, but I'm not your lawyer. Don't rely on this as legal advice.
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AllMyDefault

Member

Bankruptcy Newbie

Joined: Jul 2011

Posts: 47

State: Texas
#3

11-23-2012, 07:30 PM

Yes, will by Chapter 7. Thanks for that response.
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