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Paying Student Loans During BK

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    Paying Student Loans During BK

    So when a person files bk, they don't have to pay student loans during an active bk, right?

    But then the interest will still acrue, right?

    What do most people do?
    Filed Chapter 7 Pro-Se May 29, 2008
    341 July 1, 2008
    Discharged September 4, 2008
    Closed November 10, 2008 :-)

    #2
    Yes, generally speaking, student loans are automatically put into deferment while a BK is pending; and Yes, interest continues to accrue.

    The smart thing to do, if you can afford it, is to keep making payments, or at least some payment that is at least few dollars more than the accumulating interest per month.

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