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So are student loans able to be discharged? In short, probably not. Student loan debts are nondischargeable in Chapter 7 Bankruptcy cases unless paying the debt would cause the debtor "undue hardship." This basic rule also applies to Chapter 13 Bankruptcy cases.Discharge of student loans received popularity in the 1970's. Many
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You've heard about refinancing in the mortgage market. Who hasn't? Interest rates are at all-time lows. Folks have refinanced two and three times in as many years to save thousands of dollars in interest they would have otherwise paid. There's a similar lesser-known boom happening in the world of federal student loans.
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There are several different options available for students in terms of student loans; however, following are the 10 Best Student Loan Options:
1. Subsidized Stafford Loan
2. Unsubsidized Stafford Loan
3. Federal Perkins Loan
4. Federal PLUS loan for parents
5. Direct PLUS loans
6. Federal consolidation loan
7. Federal Nursing Loan
8. Federal Insured Student Loan
9. Health Professions Student Loans
10. Private student loans
Let's take a closer look at more
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Student Loans With No Income For College And No Credit News Updates
Student loan debts are growing so high that experts say college grads are putting off rites of passage like marrying, buying homes -- sometimes even moving out of their parents' homes.
Sat, 04 Feb 2012 21:44:59 -0800
For an increasing number of young Americans, the postcollege journey leads to the office of a bankruptcy lawyer. A report released Tuesday by the National Association of Consumer Bankruptcy Attorneys (NACBA) shows that more and more graduates and parents are turning to bankruptcy as their final option to deal with ...
Tue, 07 Feb 2012 16:26:02 -0800
In the early 1990s, I cosigned for a credit card for my son, who was then a college student. The credit card had a limit of 0. Recently, my credit report showed a substantial balance on the
Mon, 06 Feb 2012 07:18:39 -0800
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