Latest Posts
Home > Tag Archives: student loan bankruptcy

Tag Archives: student loan bankruptcy

Is it True I Can Eliminate My Student Loans in Bankruptcy if I Just Stop Paying Them?

student loan default

“Dear Steve, I currently have 58,000 in private loans and 98,000.00 in federal loans and I currently have no clue what to do. My private loan provider (the wonderful sallie mae)….wants 600.00 a month, and the federal goverment wants 450.00 a month. I am a teacher and these payments are just not possible….some people told me that if I let ... Read More »

My Student Loans Were Discharged in Bankruptcy But They Are Trying to Collect

Screen Shot 2012-05-29 at 11.23.21 AM

“Dear Steve, My chapter 7 was discharged in 2002 wherein I listed all student loans and creditors. No one showed up. No one filed an adversarial proceeding. Then 3-1/2 months later I received a call wherein there told me I had to repay these loans and had me sign a FFELP Fed Consolidation Loan and Prom Note application. I now ... Read More »

Bankruptcy Attorneys Report Major Problems Brewing for Holders of Student Loan Debt

The National Association of Consumer Bankruptcy Attorneys conducted a survey of its members. Of the 860 bankruptcy attorneys that participated in the survey, 81 percent said potential clients with student loan debt have increased “significantly” or “somewhat” in the last three-four years. Nearly two out of five of bankruptcy attorneys (39 percent) have seen potential student loan client cases jump ... Read More »

Can I bankrupt the judgement on my student loan that was obtained prior to the 2005 student law changes?

justball-144x125

I got a student loan in 1996. I failed out of my school shortly thereafter, but quickly transferred to a new school and continued my education. I was then re-accepted back into the first school and failed out again, finishing my degree in the second school. So, I got my degree, and it was a fight. I made some payments ... Read More »

I Owe $100,000 in Student Loan Debt And Might Have to Leave the U.S. My H-1B is Expiring. – Venkat

justball-144x125

“Dear Steve, I have been in US from 2002, I have been working full time from 2004. I have been working on my part time MBA from a Top business school from 2008. I am on currently on a H-1B visa now. The green card is no where in sight. I have minimum credit card debt and i have cleared ... Read More »

Was My Wells Fargo Private Student Loan Really Discharged in My Bankruptcy? – Linda

justball-144x125

“Dear Steve, In 2007, I filed Ch 7 bankruptcy and I was told my private student loan w/ Wells Fargo was not discharged. Move ahead to Sept 2009. I was served papers from a local debt collection lawyer in CO about collecting this debt. I negotiated a settlement and am awaiting to see the final paperwork concerning the settlement prior ... Read More »

Can I Eliminate and Discharge My Student Loans With Bankruptcy? – Matt

Matt “Dear Steve, In April of 2004 I graduated from college with an associates in applied business. Quickly upon graduation i was startled at what i was expected to pay per month for my recent, what I thought was self improving, endeavor. Stuck with the inability to repay these student loans, I really have no idea on what to do….as ... Read More »

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.