I am still in grad school in CA and have st. loans that are not in the repayment phase yet and am planning to file for bankr. Will I still be eligible for st. loans afterward - I'm getting mixed answers from my research. Also, I have no income and use my st. loans for living expenses in addition to tuition -- will the court try and take those funds? Thanks for any insight.
Do you have a lot of credit card or unsecured debt? I'm not clear what your reason for BK is from your post. Is it student loan debt or other debt? If you go through BK, unless you have exceptional hardship, you will not be able to get rid of your existing student loan debt, especially any that is guaranteed by the federal gov't. Private student loans maybe another story, but most poeple don't get too much of that. What are your circumstances? Too much unsecured debt?
I understand completely that I cannot discharge st loan debt. I am filing because of too much unsecured debt. It seems(?) to be a fairly simple matter, as I don't own property or have car notes, except for the future student loan thing.Thanks for taking the time to read my posting.
