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Bankruptcy

: The Debt Podcast

What Happens To A Student Loan In Bankruptcy?

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Student loan debt will not be discharged in most cases, and the loan will continue to incur interest during bankruptcy.  If you are in a chapter 13, your plan will generally provide that student loan debt receives the same per cent dividend as other unsecured debt.  While some districts may permit you to separately classify the student loan [...]

Full post as published by The Debt Podcast on January 14, 2009 (boomark / email).

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