I'm hoping someone here has experience with this and will know the answer...thanks in advance.
We are filing ch 7 next month, and my husband (who has been out of work for a year and is returning to school so he can find a job in another field) got a student loan for this semester. The loan has been processed and the funds are in his account at the college. If we don't touch the money and only use what we need to pay for tuition and books, is any balance considered cash that we hold which can be seized in the BK? I don't want to have to give up student loan money to a bankruptcy when it's money that we will have to pay back. (I hope that makes sense.)
