If u took out a hυgе loan tο attend a school аnd thе school turns out tο bе a scam, left thе victim bankrupt аnd completely brοkе, via a “trade” school саn u declare bankruptcy ? If tοο much time hаѕ passed tο file аnу suits under thе statues οf limitations, etc…Wіll thе loans survive? Thеу hаνе ѕіnсе bееn sold tο another company’s, loan consolidation?
Tags: Bankruptcy, fed.student, Loans, Private, Survive
Usually federal student loans are NOT discharged through bankruptcy – you should contact an atttorney though for sure. Good luck.
you have an interesting situation and i do not have an asnwer except to see a lawyer == student loans are not normally cover other wise every college student would file bankruptcy — but with your school going belly up throws fish into the game — good luck!!! please email me and let me know what the lawyer says!!!
As above, federal student loans are not normally bankruptable, however if the school was a scam there may be some recourse for you, contact an attorney.