Legal Question in Bankruptcy in United States

I am considering filing bankruptcy but may include formerly owed (still outstanding) college tuition ( college states $15,000 because of accrued interest) from 1988 as my transcripts will be eternally held. Can I do this or is it simply better to make a payment agreement so that I can finally enter graduate school?


Asked on 10/12/10, 11:40 am

3 Answers from Attorneys
Daniel Press Chung & Press, P.C.

Once you file bankruptcy and discharge the debt, the college can no longer withhold your transcript.

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Answered on 10/17/10, 12:03 pm
Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

Once you discharge the debt (assuming it is actually tuition and not a loan) it would be unlawful for the school to withhold a transcript. Discuss this with your bankruptcy lawyer.

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Answered on 10/17/10, 12:18 pm
Alvin Lundgren Alvin R. Lundgren, L.C.

Most collage loans cannot be discharged in bankruptcy.

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Answered on 10/17/10, 5:25 pm


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