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Question
in 1980 I filed a BK which included my student loan for 8,000. I never heard from them after that for 20 years. Now they say I owe the loan and the balance is about 23,000. What do I do?
You should speak to your attorney regarding the bankruptcy laws at the time you filed. Current law says student loans are normally non-dischargeable. In 1998 when I began practicing, they were dischargeable if they were over 7 years old at the time the case was filed.
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| Rating(1-10) | Knowledgeability = 10 | Clarity of Response = 10 | Politeness = 10 |
| Comment | Any case law to back up the discharge ability of student loans in 1998? | ||
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Bankruptcy Law
Answers by Expert:
Terry Leeders
Expertise
Handles Chapter 7 and Chapter 13 bankruptcy cases.
10 years of extensive bankruptcy experience. Filed over 3000 cases
Chicago Bankruptcy Lawyer website
"One On One Personal Service You Deserve"
Experience
I have been practicing bankruptcy law for 10 years. I have helped over 3000 consumer bankruptcy clients in that time.
Organizations
Chicago Bar Association
Illinois Bar Association
Publications
author of Chicago Bankruptcy Blog
Chicago Chapter 13 Bankruptcy Blog
Illinois Bankruptcy Law Blog
Fresh Start Partners
Education/Credentials
University of Illinois
Thomas M. Cooley Law School
Chicago Bankruptcy Lawyer website
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