If family medical circumstances exist that require intense and long term care, and continuing medical school is not possible, is taking bankruptcy a possibility? Does anyone know of someone that has done so?
Bankruptcy Possible?
- Thread starter thegeewiz
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Bankruptcy will NOT cover your student loan debt that is Federal....I'm not sure about the private. That being said, you can get a "Hardship" loan FORGIVNESS usually if the circumstances warrant one. Or some type of deferment if you plan on attending again in several years. Talk to the financial aid people, they should have an idea. I am sorry to hear about your situation 🙁 . I will pray for you and your family.
-Ryan
-Ryan
Thank you for the info. This is a question that has come up but thank goodness is not real yet. The caring in your response reflects someone that will be, or is already, an excellent doctor. Thank you again.
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Ryan said:
Ryan, what happened to that giant dancing penis, or whatever it was, in your avatar? 😀
Back on subject, student loans are virtually impossible to discharge in bankruptcy, though a few people with EXTREME hardship have succeeded. I actually read a bankruptcy opinion where someone put tuition on a credit card and was able to discharge this debt, since it wasn't a "student loan", just regular consumer debt. Not advocating it, just saying...
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samurai_lincoln said:
Not to hijack this thread..(my apologies to the OP) but my avatar was not a dancing phallus symbol...It was Patrick from the cartoon Spongebob Squarepants... Thanks for asking though. 😀 😀
-Ryan
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