Tag Archives: discharge student loans
- Student Loan Forgiveness or Discharge Can Create a Huge Tax Bill. Watch Out!
If you are one of the lucky few who have qualified for a discharge or cancellation of your student loan debt, you may be shocked to learn the debt may not be over with just yet. A reader brought to my attention that the forgiveness of student loan debt, even under a disability discharge, can [...]
- I’m Disabled. How to I Get Rid of My Student Loans? – Michael
“Dear Steve, Old Unsubsidized and Subsidized School loans(2000, 2001, and 2002) William Ford Direct Loans. From Victor Valley College -Victorville, CA which is a community college. I never graduated and this thing is a mess. I dropped out of school in Jan. 2003 dut to my late brother Mark who died at the age of [...]
- My Brother is Mentally Ill and Has a Tremendous Amount of Student Loans. – Laura
“Dear Steve, I have and estranged brother for 30 years. He became suicidal and started sending me emails. As a result we got him home and he was such a mess we immediately took him to a psychiatric facility where was admitted for several weeks. He came home to live with me and I realized [...]
- Schizophrenia and Student Loans. How Can My Daughter Discharge Her Loans? – Beverly
“Dear Steve, I have a 30 year old daughter that has Schizophrenia and she has school loans that she pays back out of her SSI check every month. She works PT and has a car but still lives with her elderly parents. Is there anything that can be done to “forgive” school loans? Schizophrenia is [...]
- I Am Afraid My Brother is Considering Suicide as the Result of His Student Loan Debt. – Alex
“Dear Steve, I am the brother of the person in question. I love him very much and fear that he is close to suicide. My brother Paul has both clinical depression and OCD. He has tried to work since leaving school but has never been able to live entirely independently. One or another family member [...]
- Why Should I Pay My Student Loans? I Didn’t Get My Degree. – Katherine
“Dear Steve, I make very little money have one credit card in default that is suing me for 1700 dollars. I also am about 400 behind in my sale mae loans and have 50 thousand in private student loans. How do I deal with the card that is suing me? Is it to late not [...]
- I Am Mentally and Physically Disabled and Can’t Pay My Student Loans or Bills. – Callie
“Dear Steve, I am currently disabled due to both mental and physical ailments. These problems have been exacerbated by chronic unemployment (and therefore poor medical treatment) over the past six years. Now, I couldn’t even work if anyone did offer me a job. I receive state assistance because I am medically unable to work. I [...]