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Hope none of you in US work for the minimium by shminux2006-11-19 12:55:59
  Something that REALLY bugs me... by McNutcase 2005-03-08 11:32:16
if my devt load becomes crippling, and I declare myself bankrupt, I KEEP the major debt load.

I currently have a manageable overdraft and about £20,000 in student loans from the Government. Now, if my debt becomes such that I am forced to declare bankruptcy, that student loan debt remains intact. I don't restart at zero; I restart at -£20,000. This is Bad and Wrong, I feel...
[ Reply ]
    You consider it right by MikeCDN2005-03-08 11:34:31
      similar in Canada: can't declare bancruptcy by shminux2005-03-08 11:37:36
        Nope, you've missed it as well... by McNutcase2005-03-08 11:39:51
          I understand, here it's slightly different by shminux2005-03-08 11:43:30
            And the goverment wants more poor kids at Uni. by McNutcase2005-03-08 11:46:28
      Note that I said IF. by McNutcase2005-03-08 11:38:44
    in the US, people used to abuse the system by plblark2005-03-08 11:39:07
      see below: 4% average rate of abuse. (n/t) by shminux2005-03-08 12:02:55
      They only way to discharge school loans... by esbita2005-03-08 12:23:40
        Which sucks because my college loan by joecrouse2005-03-08 13:54:49
    You think the Gov't. is gonna lose money on this? by themadkansan2005-03-08 12:19:46
      I moved by thread_killer2005-03-08 12:39:54
        I cant afford it and my fiance wont. (n/t) by joecrouse2005-03-08 13:55:55

 

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