Legal Question in Bankruptcy in California
does a credit-based educational loan consolidation qualify for bankruptcy?
I have heard that educational loans cannot be included in a bankruptcy. I have consolidated all of my educational loans into a credit-based loan with a company called Merlin. I can't seem to find out if this particular loan can be included in a bankruptcy.
Asked on 8/23/01, 12:30 pm
1 Answer from Attorneys
Ken Koury
Kenneth P. Koury, Esq.
Re: does a credit-based educational loan consolidation qualify for bankruptcy?
I think it would be as it is not an educational loan. the educational loan has now been paid.
Answered on 8/24/01, 11:58 am
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