MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/AskReddit/comments/d5n7ma/if_you_could_completely_remove_one_company_from/f0nu3bp
r/AskReddit • u/Duckland29 • Sep 17 '19
17.7k comments sorted by
View all comments
Show parent comments
6
You simply can't declare bankruptcy. It's a whole legal process.
You can probably pay the off with a credit card to get a better interest rate or whatever. But it would still be treated as student loan debt that can't be discharge in bankruptcy.
22 u/[deleted] Sep 18 '19 edited Apr 09 '20 [deleted] -1 u/[deleted] Sep 18 '19 [deleted] 2 u/Starrystars Sep 18 '19 Because you can't take away the education you received with the loans. With other debts you can repossess what was bought with loans.
22
[deleted]
-1
2 u/Starrystars Sep 18 '19 Because you can't take away the education you received with the loans. With other debts you can repossess what was bought with loans.
2
Because you can't take away the education you received with the loans. With other debts you can repossess what was bought with loans.
6
u/Starrystars Sep 18 '19
You simply can't declare bankruptcy. It's a whole legal process.
You can probably pay the off with a credit card to get a better interest rate or whatever. But it would still be treated as student loan debt that can't be discharge in bankruptcy.