How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Terry L. Your Own Question
Terry L.
Terry L., Attorney
Category: Bankruptcy Law
Satisfied Customers: 2820
Experience:  Better Business Bureau. 18yrs bankruptcy experience. Chicago Bar Assoc. American Bankruptcy Institute member.
15345323
Type Your Bankruptcy Law Question Here...
Terry L. is online now
A new question is answered every 9 seconds

I was checking to see if my student loan was one of the few

Customer Question

I was checking to see if my student loan was one of the few that was dischargeable under bankruptcy. I went to the The National Student Loan Data System (NSLDS) and they have no record of my loan. The only paperwork i have on it is a SallieMae letter of default from 2008. It just has my acct # XXXXX says CAREERTRNG as the loan program (and a bunch of threats). Do you have any ideas on this?
Submitted: 5 years ago.
Category: Bankruptcy Law
Expert:  Terry L. replied 5 years ago.

Terry L. :

Hi, thanks for your question. You should hire a lawyer for specific legal advice. No attorney client relationship is created here.

Terry L. :

If you filed after Oct 1998, then it is most likely not-dischargeable.

Terry L. :

You would have had to file an adversary objection to determine the dischargeability.

Terry L. :

You need to show that the loan creates an undue hardship.

Terry L. :

1. paid in the past, 2. no present ability to pay, 3. no future ability to pay.

Terry L. :

Very rare to discharge them

Terry L. :

Let me know if you have any other questions.

Terry L. :

Thakns

Terry L. :

thanks

Terry L. :

good luck.

JACUSTOMER-dxc4ofmd- :

The guidelines posted above apply to ALL student loans?

Terry L. :

yes

Terry L. :

all educational debts

Related Bankruptcy Law Questions