Question Is Private Student Loans written off in Chapter 7?

[freni32]

I have a private student loan that I believe is not a secured loan. My bankruptcy discharge happened yesterday, when I went to my credit report online I went to view all my accounts, everything seems to be right in my report however my Sallie Mae government student loan shows in the comments that it is deferred payments do to the bankruptcy, on my private student loan it shows it was included in the ch. 7 bankruptcy?? Then I dont see it anywhere else on my account....when I logged in my account for the private student loan it shows that it is in "repayment" mode....

Will this loan be written off...I know most student loans arent...but if it is unsecured private student loan?

Company is www.Aessuccess.org

Thanks for your help!

[freni32]

The loan is a "Alpln" type of loan

[danaf]

I hate to be the one to tell you but nope. Somehow - how no one knows exactly - they slid themselves into the new bankruptcy law in 2005 as student loan debt and they are not dischargeable. It's disgusting, I know....I've been cursing about it for months. And I don't exactly get how they are able to do this esp. since they are a public company but all the lawyers I've spoken to have told me that I cannot discharge them.

You have to pay it off or hope that a democrat gets elected into office who will change the bk laws and maybe by the grace of God, make some stuff retroactive. Bottom line - at this point, work on paying it off.

[freni32]

Thanks for the advice...even though it isnt what I wanted to hear

Any reason why it wouldnt be reported on my credit report...it just shows it as being discharged in bankruptcy as my gov. loan Sallie Mae shows that as well, but farther down in my credit report you can see where they have it re-opened and in deferred payment status because of the bankruptcy....however my private student loan just shows it as written off? I guess time will tell?

Anyone know when I will have to start making payments on my student loans after the bankruptcy has been discharged??

[JRScott]

Once you've been discharged most likely they'll contact you to arrange some sort of payment agreement.