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Subject:
Federal Student Loans Debt/Default/Bankruptcy
Category: Relationships and Society > Law Asked by: rk2000-ga List Price: $20.00 |
Posted:
27 Aug 2005 18:01 PDT
Expires: 26 Sep 2005 18:01 PDT Question ID: 561267 |
I am looking for a legal firm that SPECIALIZES in Federal Direct (Stafford) Student Loan Debt and possible filings for bankruptcy discharge of these kinds of loans. Further I need legal advice on the consequences of defaulting on Federal student loans (specifically Stafford/Direct/Consolidation) loans. It would be ideal if the law firm were in the Washington D.C./Northern VA/Southern Maryland/Baltimore Metro region. |
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There is no answer at this time. |
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Subject:
Re: Federal Student Loans Debt/Default/Bankruptcy
From: nwcrjca-ga on 27 Aug 2005 18:21 PDT |
Why not just pay your loans off like every other decent person does!!!! |
Subject:
Re: Federal Student Loans Debt/Default/Bankruptcy
From: clevegal42-ga on 27 Aug 2005 18:38 PDT |
Actually, I don't think you can discharge these in bankruptcy (I could be wrong - this is just what I've heard). I know someone that defaulted on federal student loans - she doesn't get income tax refunds and her wages are garnished to pay back the loans, but if I recall it took them awhile to catch her. If you don't have the money to pay your federal loans, then maybe you should ask for a forebearance. |
Subject:
Re: Federal Student Loans Debt/Default/Bankruptcy
From: rk2000-ga on 28 Aug 2005 08:41 PDT |
Well, in my situation I may be forced (unexpectedly) to go to a third world country to care for an elderly person for an indeterminate period of time (this person cannot herself leave this third world country to be in the US with me). I'll have zero income. It's a difficult situation and I have no assets of any sort and the loan is massive (120K+). |
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