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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.
@PetyrBaelish Federal student loans are unaffected by personal bankruptcy. You can receive them if you've filed bankruptcy.
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!
@Anonymous wrote:@PetyrBaelish Federal student loans are unaffected by personal bankruptcy. You can receive them if you've filed bankruptcy.
I agree with this^^^