Student loan defaults surging in wake of COVID-tied payments pause expiration
The problem with student loan defaults is that even in bankruptcy you still owe your payments. However, with a Chapter 13 bankruptcy (if you have a steady job) you can keep your house and your car and usually pay back your debts at about 10cents to 20cents on the dollar. And you can have the interest stopped on your student loans even though you still have to pay the principle back over time. But, you need a good bankruptcy attorney. They usually take some of the money you send in payments along the way but most of them are very reasonable. But, to do this right you need a Bankruptcy attorney for a chapter 13 bankruptcy. However, in a Chapter 8 bankruptcy you will lose everything including your home and car so if possible you want a Chapter 13 bankruptcy instead where you can keep your home and your car. begin quote:
Student loan defaults surging in wake of COVID-tied payments pause expiration
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