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Bankruptcy and Student Loans
This question was posed to me and I was wondering what
your thoughts are.
After filing chapter 7, I received a letter from my student loan telling me
that because I made a late payment, they are raising my interest rate,
which more than doubles my payment. Is that legal? Will it be addressed in
court?
Additional information
Also, I realize the loan is not dischargeable. The payments have been made
on time for the past 6 years or so and the payment was late, not missed.
Is there any other time IEDs like this out there
Sincerely yours,
Robert Suhajda
This question was posed to me and I was wondering what
your thoughts are.
After filing chapter 7, I received a letter from my student loan telling me
that because I made a late payment, they are raising my interest rate, which
more than doubles my payment. Is that legal? Will it be addressed in court?
Additional
informationAlso, I realize the loan is not dischargeable. Thepayments have been made on time for the past 6 years or so and the payment was
late, not missed.
Is there any other time IEDs like this out
there
Sincerely yours,
Robert Suhajda
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