My question involves collection proceedings in the State of: IL
Can you file Chapter 13 on student loan debt? What happens if you file for this?
I have under $3k in consumer credit card debt and $1k in student loan debt and I don't have a job!
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My question involves collection proceedings in the State of: IL
Can you file Chapter 13 on student loan debt? What happens if you file for this?
I have under $3k in consumer credit card debt and $1k in student loan debt and I don't have a job!
No. Student loans are non-dischargeable.Quote:
Can you file Chapter 13 on student loan debt?
After your Chapter 13, you will have to pay if off...interest and all!
Filing for bankruptcy over $4,000? You would be much better off getting a job and paying off your debts.
Also see http://www.expertlaw.com/forums/showthread.php?t=50388 from 5-26 (shoplifting hx)
Also see http://www.expertlaw.com/forums/showthread.php?t=53130 from 7-1 (hard time getting job; mentions adverse credit hx)
(This thread says student loan debt 1k & 53130 says has obscene amt. of student loan debt.)
hellobyebye - do you want to verify the amount of your total debt?
Um -- 1k in student loans and 3-4k in consumer debt --
Then I agree with aaron's post #4 above - *try* to pay off the debt rather than file bankruptcy. I do know you have been having a hard time getting a job per one of your other threads.