Thread: bankruptcy?
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Old 05-11-2009, 05:22 PM   #11
Grape Ape
Drives: 96 Bronco w/ a 5 speed
Join Date: Mar 2007
Location: PNW
Posts: 296
Originally Posted by dodson914 View Post
Are you thinking of filing Chapter 13 or Chapter 7? You could go out and get a car I suppose but like has been stated before interest will be awful. If you are seriously considering this you need to go and speak with an attorney. This process will not make your student loans just go away. Best of luck in whatever you decide to do.

If there is any way possible for you not to file, DON'T.
Good point: bankruptcy doesn't reduce student loans or tax debts at all.
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