? on Direct loans & BK

[NoMoreCards]

My first payment on my student loan isn't due until December, my loan is with Direct Loans.

Now that I have filed for BK, does it automatically put the loan into forbearance for 6 months afterwords? I thought I heard something about that, but can't find a reference to it.

Also, does anybody know if Direct Loans sends monthly bills when the payment is due?

[Amy26]

The loan will go into bankruptcy status and you won't be required to make payments till you're out, however I'm not sure about the 6 month thing. Mine did not do 6 months. They will continue to accrue interest while you're in bankruptcy though.

[backtoschool]

Your loan with Direct Loans will only be in forbearance until your bankruptcy is discharged, but you can ask for a longer forbearance if you need it.

[nerves]

I have a loan with Direct Loans and we filed on 10/28. I received my monthly statement from them yesterday so it appears they are going to continue sending them.

[backtoschool]

My loans are with Direct loans. They went into a "bankruptcy forbearance" while I was in bankruptcy. They went out of bankruptcy forbearance when I was discharged. My case is not closed yet as it is an asset case, but my loans are out of bankruptcy forbearance as of my discharge date.

[NoMoreCards]

I have not yet received a statement from them to begin payments, although I expect that will start any day now. I was discharged the end of last month, so soon the payments will begin. I hope they will start up the statements, it makes it much easier to pay when billed.