Legal Question in Bankruptcy in Illinois
can you file bankruptcy on student loans both subsidized and unsubsidized if you have made payments in the past.
Asked on 4/26/10, 8:10 am
2 Answers from Attorneys
Frank Vosholler
Law Office of Frank L. Vosholler III
easy answer no, unless you are physically unable to work anymore.
Answered on 5/01/10, 10:44 am
Charles Dobra
Charles Wm. Dobra, Ltd.
Generally, student loans are not dischargeable in bankruptcy. There are very few exceptions. You would really need to have all the paperwork from the loans examined. And, there is a general hardship exception as well.
Answered on 5/02/10, 4:57 pm
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