Originally Posted by
Lbell911
You can't file bankruptcy on student loans, they "never" go away like other debit!!!!!! (but you can write off the amount you pay in intrest each year, on your taxes......mom's a CPA)
Hence why I'd move to Canada!!!
You *could* however transfer to credit cards, then default/bankrupt on those...
Out of curiosity is there any situation that can erase student loan debt? I know bankruptcy won't and if you just fail to pay they will garnish your wages (!). I haven't come across any, I was thinking that after so many years of non-payment they would go away after the statute of limitations has come and gone, but I don't really know anything about that stuff.