I’m confused about when a private student loan can be included in bankruptcy. I tried reading the threads but don't understand the rules/law. I’d welcome any help.

Does anyone here know how to tell whether a student loan is private? If it is private, how do you know if it’s one...

My account profile for my private student loans lists all of my loans, save one, as having a zero balance with zero due despite my making only partial payments on them for quite some time. Is this b/c they've been sold to a collection agency? I'd like to contact Access to inquire, but I don't want...

This coming week will be the last week that the 111th Congress will be in session. Once Congress adjourns, the next time our lawmakers gather together in Washington, it will be to form a new Congress, meaning that all legislation that failed to pass the current Congress will cease to exist. That would...

Greetings,

I have about $250,000 in total student loan debt; roughly $220,000 of that is comprised of private sl debt. I'm 25 and making $50,000 annually, and I'm living in NYC. I haven't been able to afford payments and as of two weeks ago about 70k of that was charged off by chase (they...

Hi,

I've just petitioned for chapter 7 bankruptcy today in Sacramento, California. I had a debt to Wyotech in Fremont, CA (Under Corinthian Colleges, which btw fell off in the ) in the form of a tuition balance owed to the school, taken care of by an attorney by the name of Xxxxxxxx Xxxxxxx,...

There is lots of misinformation out there about whether or not student loans are subject to state statutes of limitations. The answer is that some are and others are not, and of course the student loan companies have done their best to confuse everyone on this topic. Let's first look at federal law...

This is my first post. Plz redirect me if it's in the wrong spot or covered elsewhere.

I'm filing Chpt 7 Bk in the 9th Circuit (possibly pro se). I plan to show undue hardship b/c of permanent & total disability. PLZ give me your opinions as I desperately need help! Anyone who meets...

This just in....


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Written by: Michelle Cormier
Published: 09/16/2010
House Panel Approves Bill to Allow Discharge of Private Loans in Bankruptcy

On Wednesday,...

I have about $110,000.00 in student loan debt. $70,000 of the student loan debt is from Chase Bank in a non government backed and non school certified loan. The other $40,000 is through AES. I didn't get these loans through my school or anything. I was wondering if my student loans since they are...

I was wondering if anyone had tried to discharge their Private Student Loans based on the fact that they are "non-qualified?" In the Legislation that passed in 2005 it states that in order to be exempt from bankruptcy the loan must be "qualified" and capped at the cost of tuition...