Student Loans Can’t Be Swept Away Through Bankruptcy

Written by Charles Essmeier


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to legislation enacted several years ago, most any loans acquired for education, including those issued by for-profit agencies, may not be eliminated through filing for bankruptcy.

What this means for those with student loans is that they will need to be repaid. If bankruptcy is inevitable, those with outstanding student loans should contact their lenders and see if they can’t negotiate a repayment plan. Those with Federally funded student loans should contact their lender soon, as rates for student loans will go up on July 1, 2005. Now would be a good time to consolidate student loans, asrepparttar rates can be locked in forrepparttar 139574 long term. If these options are not viable, then holders of student loans should simply be aware that their lenders and their lenders’ loan collectors will be keeping in touch with them forrepparttar 139575 foreseeable future. Those with student loans and other financial problems should also be aware that Federal bankruptcy law will change in October, 2005, making it harder to file for bankruptcy. If you have problem debt, now would be a good time to consider meeting with a credit counselor.

©Copyright 2005 by Retro Marketing. Charles Essmeier is the owner of Retro Marketing, a firm devoted to informational Websites, including End-Your-Debt.com, a site devoted to debt consolidation and credit counseling, and StructuredSettlementHelp.com, a site devoted to information regarding structured settlements.


SHOE STRING BUDGET PART ONE--FIXED EXPENSES

Written by Wendy Jackson


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Check to see if you can read your local newspaper free of charge overrepparttar internet. If you can, cancelrepparttar 139561 subscription. While reading, if you see something you want a hard copy of, go torepparttar 139562 store and payrepparttar 139563 50 cents for a hard copy.

Is every light in your house on? Turn them off, and getrepparttar 139564 family inrepparttar 139565 habit, as well. Don’t constantly changerepparttar 139566 setting onrepparttar 139567 thermostat, either. Find a setting that is pleasing to everyone and leave it alone.

It is not hard to save hundred of dollars each year, if you take control of what you are paying for.



Wendy writes for http://www.myagonyaunt.co.uk/ amongst other sites


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