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Bankruptcy Forbearance for Student Loans

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    Bankruptcy Forbearance for Student Loans

    I filed for Chapter 7 this afternoon and it feels so good! Anyway, I'm trying to figure out what happens to my student loans until discharge. I've heard they go into "bankruptcy forbearance" where interest accumulates but no payment is due. Is that the case with both federal and private loans? I have federal loans with one lender, a private loan with Sallie Mae, and other private loans with Access Group/The Student Loan People. Anyone know if all of these student loans will go into bankruptcy forbearance?

    #2
    Mine all did. The ones with co-signers, they started billing the co-signer, but it is at my address so I just pay that one cause it is small - but yes, all but the co-signer ones went into forbearance.
    Teacher Momma

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