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 dylatess Your Own Question
dylatess, Attorney
Category: Bankruptcy Law
Satisfied Customers: 5156
Experience:  37 plus years of experience specializing in bankruptcy law
Type Your Bankruptcy Law Question Here...
dylatess is online now
A new question is answered every 9 seconds

Can the IRS still collect on a student loan that was discharged

This answer was rated:

Can the IRS still collect on a student loan that was discharged in a chapter 7 in 1995? The Student loan dept. reported it as 1099c income in 2009.
A federal judge signed the order permitting the discharge in 1995.
Over 34 years, I have assisted my clients with debt problems having filed more than 32000 Chapter 7 and Chapter 13 Bankruptcy petitions.

please note that a judge does not enter a discharge for a particular debt but instead enters a general discharge that applies to all dischargeable debts. that is debts that are dischargeable by law. and in 1995, as it is now, student loans are not dischargeable. the part that you are struggling with as, like a foreclosure that is listed and discharged, the bak issues a 1099 for the amount of money that they did not collect. and yes the its can seek collection of this debt.
dylatess and other Bankruptcy Law Specialists are ready to help you