Question Forum

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
Post Reply
User avatar
JuneLSATFail

New
Posts: 98
Joined: Mon Jun 20, 2011 9:27 pm

Question

Post by JuneLSATFail » Mon Jan 30, 2012 11:22 pm

This has probably been asked before, but if one was to take out private loans for Law School, would one be able to file bankruptcy and get rid of those loans?

User avatar
anjmissy

Bronze
Posts: 280
Joined: Tue Apr 13, 2010 9:40 am

Re: Question

Post by anjmissy » Mon Jan 30, 2012 11:34 pm

nope..thats one of the exceptions for bankruptcy, can't get rid of educational loans

User avatar
JuneLSATFail

New
Posts: 98
Joined: Mon Jun 20, 2011 9:27 pm

Re: Question

Post by JuneLSATFail » Mon Jan 30, 2012 11:40 pm

anjmissy wrote:nope..thats one of the exceptions for bankruptcy, can't get rid of educational loans
Thank you. I didn't know if that only applied to federal educational loans. Thanks for clearing that up.

Post Reply

Return to “Financial Aid”