Does Anyone Know Why EdFund Says On Loan Default Form That You Can Dissolve It In Bankruptcy?

Nov 06, 2008 by <3 | Posted in Financial Aid

Ok, so theirs this form they send in the post to people who are behind on loan payments, that says check one of the following boxes, one of them is , 'This loan was discharged in bankruptcy' , but is EDFUND a federal loan, that cannot be dissolved in Bankruptcy? The swotter is thinking of declaring bankruptcy but was under the impression that this could not be dissolved in Bankruptcy? Does anyone have a suggest? Do federal / non federal student loans dissolve/ or do not dissolve, in bankruptcy? Or what is the give out?

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EDFUND is a stand behind agency for student loans. It is based on California but can operate nationally.

Federal schoolboy loans may not be discharged in bankruptcy. Period. Years ago, it was possible, but the laws changed a desire time ago on that. Loans like that would likely no longer be around and would not have existed at all since EDFUND was founded.

There are other loans (withdrawn student loans) that are not federally guaranteed and those can be bankrupted.

"Student loans" that are not regulation-backed can be bankrupted. Government-backed loan can be bankrupted. So it depends on what sort of loan is being discussed.

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What Is The Loan Period On A Finantial Aid Loan Form?

Jan 08, 2009 by herman_sarkis2001 | Posted in Financial Aid

Is the loan space the time you need the loan for? Like, the semester you'll need it to pay or is it when the loan starts and then when you will start paying it off?

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If you're in institute you probably don't have a job that would allow you to repay the loan before you graduate, so the loan period will be the time you expect to be in kind.

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Should I Redo My Taxes If I Received Another Student Loan Form After I Finished Them?

Feb 17, 2007 by Tessa ♥ | Posted in United States

I trifle I had all my W2s and 1099s or whatever. I filled out my taxes online at TaxCut, and I haven't mailed them in yet. Should I re-do my taxes to encompass the $52 in student loan interest that I received after I prepared my taxes? I already paid the $24.95 to record my Massachusetts State Taxes. Is this going to mess up my refund?

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You missed a $52 decrease off your income. You may have received a slightly higher refund or owed slightly less tax if you had included this conclusion.

You are not required to take every available deduction, so no amendment is necessary. Your refunds will not be messed up with the way you have done your taxes.

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by Philippines Review

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hoping for reaction..

ronilo says:

September 30th, 2009 at 5:12 am

I have a existing wages loan until decmber this year. There is a possiblity i can avail the tragedy? Since 2001 i’am fellow of the sss. And how much i can avail the hardship loan? thanks.

ronilo says:

September 30th, 2009 at 5:31 am

I have a existing pay loan until december this year. There is a possiblity i can avail the hardship in SSS? Since 2001 i’am fellow of the sss. And how much i can avail the devastation loan? thanks.

hoping for retort..

Lea says:

September 30th, 2009 at 7:17 am

I have an existing emolument loan with my before business in San Jose Burgh Nueva Ecija, then my new organization is in Quezon Municipality, I havn’t countersign my loan to my new owner for removal nor I havn’t pay my monthly loan amortization yet…Am I experienced to avail the trouble loan maari po ba akong maka pag pertain ng desolation loan para sa pamilya jn sa pilipinas khit nandito ako sa ibang bansa at meron pa din po akong loan balanced. kaylangan kasi nila ng tulong ngayon dahil sa nagdaang bagyo. taga Las pinas po ako before! salamat…..

Ray says:

October 1st, 2009 at 2:09 am

Adept day!

I am Ray one of the sacrificial lamb in Bgy. Malanday Marikina Burg.

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