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Old 06-05-2013 | 08:14 AM
  #259  
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Originally Posted by Surprise
Think outside the box. Use your credit cards, home equity, and any other dischargeable debt you can get your hands on to pay off your student loans, then file BK. I'm not advocating this, but it could be done.
Nice! True, it could be and likely will be done to some extent. But keep in mind that while that debt may be harder to shake in BK, they keep putting artificial limits on monthly and total paybacks as well as tinkering with the tax code, etc. Some will do exactly what you are saying, but many others will just pay their percent limited amounts for 20 and out and drop it like a bad transmission on the taxpayers down the road.
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