I filed Ch. 7 on July 7th and have my trustee meeting on August 18th. I have currently about $50,000 in student loans which as you know cannot be discharged. However, I have a few questions concerning some things. On my statement of financial affairs, I didn't put down the student loan money I received each semester for the past two years after my tuition was paid, probably totaling about $15,000. Was this wrong of me? Should I ammend my petition? I didn't think it was 'income' because I never had to claim it as such on my tax returns. Also, I have one semester of school left. I need to take out another loan to pay my tuition and I will have money left over which I would like to take as a cushion. First off, will I be denied more student money from the federal government since I declared bk? Would it be a no-no in the trustee's eyes to get more loan money since it might be considered 'applying' for credit while my case is ongoing? If I can get the loan, would any money left over that I take have to be given to my creditors instead of me? I just don't know how any of this works/would work. Please help! Thanks so much!
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