I'm about to file for bk, but wasnt going to attempt my private student loan. However, the loan is now sold to a collection agency and closed at the student loan co. Does this make it any easier to get discharged? At this point, wouldn't the fight just be against the collections agency and not the loan co? Anyone have any experience with this?
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Private Student Loan sold to collector
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The fact that a student loan was sold, charged off, or sent to collections has no effect or weight on the dischargeability of that student loan. The only things that matters is that you can prove that it is a hardship and you file a complaint (adversary proceeding/AP) in the Bankruptcy Court to determine the dischargeability of the student loan.Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
Status: (Auto) Discharged and Closed! 5/10
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Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.
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