Student loan/aid disbursements during chapter 7
Posted: Fri Oct 16, 2015 1:21 pm
I called the Federal Student Aid department:
https://studentaid.ed.gov/sa/contact#call
They told me that with respect to federal aid, it's up to the school as to
whether or not the funds are dispersed to the student, but that a student's
bankruptcy will not stop the federal aid from being dispersed to the school.
Holly Roark
Certified Bankruptcy Specialist*
*and Sports Lawyer*
holly@roarklawoffices.com **primary email address**
www.roarklawoffices.com
*Central District of California & District of Idaho* - Consumer Bankruptcy
Attorney
1875 Century Park East, Suite 600 Los Angeles, CA 90067
T (310) 553-2600; F (310) 553-2601
*By State Bar of California Board of Legal Specialization
On Tue, Oct 13, 2015 at 2:34 PM, Holly Roark wrote:
> I need info on the standard procedure of ongoing disbursements of student
> financial aid (both government grants and loans, and private loans) while a
> debtor is in chapter 7.
>
> This is coming up a LOT and I understand that some lenders/grantors will
> not disburse while the debtor is in bankruptcy, whether chapter 7 or
> chapter 13.
>
>
>
>
> Holly Roark
> Certified Bankruptcy Specialist*
> *and Sports Lawyer*
> holly@roarklawoffices.com **primary email address**
> www.roarklawoffices.com
> *Central District of California & District of Idaho* - Consumer
> Bankruptcy Attorney
> 1875 Century Park East, Suite 600 Los Angeles, CA 90067
> T (310) 553-2600; F (310) 553-2601
>
> *By State Bar of California Board of Legal Specialization
>
>
>
I called the Federal Student Aid department:
The post was migrated from Yahoo.