Legal Question in Bankruptcy in Georgia
Can you still get adequate student loans with a bankruptcy on your record?
I am looking to obtain my master's degree in social work next year. I have over $10,000 in credit card debt (no student loan debt--I paid that off ok) and I only make about $27,000 a year. If I declare bankruptcy this year, will that affect my eligibility in getting approved for student loans?
Asked on 12/17/07, 3:58 pm
1 Answer from Attorneys
Scott Riddle
Law Office of Scott B. Riddle, LLC
Re: Can you still get adequate student loans with a bankruptcy on your record?
That depends on the lenders, but it will probably be considered. Many may very well ponder whether filing for bankruptcy was a wise choice rather than delaying school and paying off debt.
Answered on 12/17/07, 4:25 pm
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