topic Re: Federal Student Loan post chapter 7 in Bankruptcy

Federal Student Loan post chapter 7

PetyrBaelish — Sun, 17 Jul 2022 00:48:22 GMT

I am awaiting discharge which is set for August 3rd. Can I qualify for federal student loans for the fall semester? Will I have an issue applying or will I apply as if everything was normal. This is for federal loans not private.

Re: Federal Student Loan post chapter 7

Anonymous — Sun, 17 Jul 2022 01:05:31 GMT

@PetyrBaelish Federal student loans are unaffected by personal bankruptcy. You can receive them if you've filed bankruptcy.

Re: Federal Student Loan post chapter 7

Bobby1081 — Mon, 18 Jul 2022 12:07:39 GMT

Chapter 7 has no effect on student loans. You can even get them while in the process of chapter 7. The only thing that will be needed is a new Master Promissy Note will need to be signed. Good luck with your studies!

Re: Federal Student Loan post chapter 7

Pway — Mon, 18 Jul 2022 17:21:03 GMT

@Anonymous wrote:
@PetyrBaelish Federal student loans are unaffected by personal bankruptcy. You can receive them if you've filed bankruptcy.

I agree with this^^^