can i claim a student loan on bankruptcy Article

How To Pay Off Your Student Loans And Reduce Your Debts
Financing a college education is one of the more expensive debts you may incur. Student loans can take years or even decades to pay off. Making late payments or missing payments all together can result in a poor credit rating and collections on your accounts. Millions of people have found themselves owing large sums of money due to student loans and other unsecured debts. Finding a way to eliminate your debts and pay off student loans is the primary thought on the minds of many people.For some, student loans are the only way to get a college education.

The large sums of money you may have borrowed to finance your education are not repaid nearly as

Media Literacy Question of the Day
November 4, 2009
Ten key races and results
Tuesday's off-year election might not have the high stakes of the 2008 presidential election, but there are several significant races worth watching:
Analysis: Anger, frustration fuel Election Day
As voters across the country head to the polls Tuesday, one thing appears certain: Many of them are angry.
Philadelphia transit workers go on strike
A union representing thousands of transit workers went on strike early Tuesday in Philadelphia, Pennsylvania, shutting down buses, subways and trolleys that carry almost a million people daily.
Karzai calls for unity, end to corruption in Afghanistan
Making his first public appearance Tuesday since being declared the winner in a disputed election, Afghanistan's President Hamid Karzai vowed to stamp out corruption and work with the Taliban in his third term in office.
CNN Heroes Teacher Materials
CNN's global initiative "CNN Heroes" is showcasing examples of ordinary people who have accomplished extraordinary deeds.

quickly as the amount of time it took you to finish college. Debt consolidation, negotiation, and credit counseling may be a good way to begin paying off your student loans and living a debt free life. If your student loans are in default or you are having difficulty making the monthly payments, there is a way out. Student loans can often be renegotiated. The federal government offers programs to individuals who are having trouble making their student loan payments.

One option is forbearance. This is a temporary postponement or a reduction in your payments for a period of time due to financial difficulties. Your interest will continue to accrue but you will get some relief from the amount you have to pay each month. There are also income sensitive and graduated payment plans available for those who are having trouble repaying their student loans. The amount of money you pay on your student loans will rise and fall with your income when you enroll in one of these programs.

If you student loan is already in default, you may want to enlist the services of a debt consolidation organization who may be able to help you reduce the interest and fees you owe on your student loans and help you pay down the balance quickly..