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Can Bankruptcy eliminate student loan debt?

Public Comments

1. Most likely not. You should look into the details of the contract that you signed with said student loan office.
2. Yes, after you have been paying on the loan or have been out of school for 7 years they are dis-chargeable.
3. Depends on what student loans you have. If they are Federal, than no..sorry. If you have private school loans, than they can be added into your bankruptcy.
4. Only if you transfer debt to a credit card or other lender beside a lender that loans for dept of education.
5. No, government loans are garnishable. Even if you are not working now they will garnish your pay as soon as you find a job.
6. New bankruptcy laws have been passed recently. No student loans can be discharged.
7. Sorry, I dont think there is any way around paying back student loans.
8. Nope, but nice of you to try.
9. When I filed my bankruptcy last year I was told that Federally funded education loans can not be included in the bankruptcy.
10. Federal Student Loans are one of three debts that CANNOT be discharged by bankruptcy. Back Taxes and Child Support are the other two. They will garnish your wages, take you to court or put you in jail for failure to pay on these debts.