Fed Financial
PLEASE HELP ME!!! Is there a way to claim bankruptcy?
I'm around $55,000 in debt. $16,000 is from credit cards. $22,000 for school with NELNET. $17,000 Private Student loan with SALLIE MAE. My parents are covering the NELNET loan, but I can't cover the others, and from what I've heard, one can't claim bankruptcy on Sallie Mae. Is this really so? Is there really no way to get out of that debt? The debt will always just keep growing and growing? I'm already paying $250 a month and it's not doing any good. THE DEBT IS GROWING!!! There must be a way to get out of it!!! Leave the country? Denounce my citizenship? If not, could I just tell them that I can only give them $1 a month or would they garnish my wages? Could they take away my freedom and jail me? I imagine that I would never qualify for any auto or home loans, right? What are my options and consequences? Oh yeah, that $250 is just for Sallie Mae... Nevermind the others.
Public Comments
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