After 2005 legislation, all steudnt loans are exempt from discharge in bankruptcy.  You may be able to avoid this with private loans if you can show that your loans are not really “educational loans” as defined by the Bankruptcy Code. For example, the standard does not apply to payments for tuition or room and board if you did not receive an extension of credit. Also, the higher standard applies only if you went to an “eligible educational institution.” That means an institution that is eligible to participate in one of the government steudnt financial assistance programs. Most, but not all, schools fit this category. You should consult a lawyer for more information about whether your loans meet these definitions.
Hi, i am a 27 year old recently <a href="http://cnagmpatbxw.com">setrpaeed</a> mother of three. i have no Education past the 5th grade due to the may 3rd tornado's. the last time i worked was in 2003, and it didnt last long as i found out i was pregnant with my first baby. i only worked 4 hours filing workman's comp. i have since then enrolled in rose state college to get my high school diploma but was pregnant with my second child and had a pretty messy pregnancy. i then enrolled myself in GED classes but was kicked out on the count of my husband.i have since put in so many applications and was denied on every one of them due to having no education and no transportation. i feel like i am left with no other option but to give up and thats no even a option. I feel the need to better myself but just needs a lil help getting there.


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