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Discharge Federal Stafford Loan from Wells Fargo in Chapter 7?

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    #1

    Discharge Federal Stafford Loan from Wells Fargo in Chapter 7?

    I am thinking about filing Chapter 7.


    Can I Discharge Federal Stafford Loan from Wells Fargo in Chapter 7?

    My student loan is only $2.8k and was $5k.

    The loan was with Wells Fargo but they sent the loan to ACS Education now and ACS is the one collecting the payments now.

    If I file chapter 7 can I have this load discharged?

    I am currently unemployed with the only asset as a car with my name along with my mothers name on it as well.

    thanks
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    #2
    Unless you are disabled and have no hope of every working again, it is very unlikely that you will be able to discharge the student loans.

    I hope you aren't considering BK only because of a $2,800 student loan. Have you tried applying for a hardship deferral or income based repayment plan?
    LadyInTheRed is in the black!
    Filed Chap 13 April 2010. Discharged May 2015.
    $143,000 in debt discharged for $36,500, including attorneys fees. Money well spent!

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      #3
      no have 15k in other debt thats why I want to do BK. I havent had a job in over 4 years. Luckily the payments are only $50 and 2.3% for my student loan

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