Bankruptcy -- what do you to get PLUS?

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
GamblingLaw
Posts: 9
Joined: Fri Jan 28, 2011 4:34 pm

Bankruptcy -- what do you to get PLUS?

Postby GamblingLaw » Thu Feb 24, 2011 12:52 am

I had to file BK, so now I am told that PLUS loans are no longer available to me without a co-signor. What should I do? Get parents to loan me a few bucks or have them co-sign? How complicated is the co-sign thing and are they on the hook for everything?

Renzo
Posts: 4265
Joined: Tue Dec 02, 2008 3:23 am

Re: Bankruptcy -- what do you to get PLUS?

Postby Renzo » Thu Feb 24, 2011 1:27 am

It's not complicated at all, but yes, they'e on the hook for the whole loan if they co-sign.




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