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  1. #1
    Join Date
    May 2008
    Location
    Chicago, IL
    Posts
    9

    Default Chapter 13 and Student Loans

    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!

  2. #2
    Join Date
    Jan 2008
    Location
    Toledo, OH
    Posts
    16,307

    Default Re: Chapter 13

    Can you file Chapter 13 on student loan debt?
    No. Student loans are non-dischargeable.
    I'm not a lawyer, but I play a researcher on the internet!
    Caution: I bite. WARNING: Do not send questions or complaints by PM. I'm likely to post them publicly and embarrass you half to death.
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  3. #3
    Join Date
    Apr 2008
    Location
    Las Vegas, NV
    Posts
    66

    Default Re: Chapter 13

    After your Chapter 13, you will have to pay if off...interest and all!

  4. #4
    Join Date
    Mar 2005
    Location
    Michigan
    Posts
    28,906

    Default Re: Chapter 13

    Filing for bankruptcy over $4,000? You would be much better off getting a job and paying off your debts.

  5. #5
    Join Date
    Apr 2007
    Location
    Il.(near StL,Mo.)
    Posts
    5,252

    Default Re: Chapter 13 and Student Loans

    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.)

  6. #6
    Join Date
    Apr 2007
    Location
    Il.(near StL,Mo.)
    Posts
    5,252

    Default Re: Chapter 13 and Student Loans

    hellobyebye - do you want to verify the amount of your total debt?

  7. #7
    Join Date
    May 2008
    Location
    Chicago, IL
    Posts
    9

    Default Re: Chapter 13 and Student Loans

    Um -- 1k in student loans and 3-4k in consumer debt --

  8. #8
    Join Date
    Apr 2007
    Location
    Il.(near StL,Mo.)
    Posts
    5,252

    Default Re: Chapter 13 and Student Loans

    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.

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