Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
do you know anyone that has had their student loans discharged, canceled, or renegiotated?
How did they do it?
Please answer my question. Don't add opinions like (student loans are not blah blah...) Because with a good lawyer anything is possible. Read my question and answer if you can. Thank you,
with all due respect
3 Answers
- J.K.Lv 51 decade agoFavorite Answer
SPALMER above is 100% correct.
Source(s): FA Administrator for a zillion years and old as dirt. But, hey kiddies, I do know my stuff. - spalmerLv 71 decade ago
You cannot discharge a student loan in bankruptcy. Student loans can be discharged if you become severely and permanently disabled (for life), but when they discharge it they will tell you that if circumstances change you may be responsible for the debt again. In addition, when you die your loans are canceled. Other than that... they're yours. You cannot renegotiate a loan, why would a lender even want to knowing that it's your debt for life? You can consolidate loans, but you have to decide if that's the best choice for you because it does cost money to consolidate.
- 1 decade ago
You have to file for bankruptcy (& even they may still ask you to pay a little at a time), get in an accident which caused you to lose all capacity for using your education (basically, become a vegetable), or move to another country and change your name. I have not had them canceled or whatnot, but it's very difficult to get out of a student loan. Try talking to a debt consolidator.
