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  2. Student loans and bankruptcy: What you need to know - AOL

    www.aol.com/finance/student-loans-bankruptcy...

    Borrowers can choose between Chapter 7 and Chapter 13 bankruptcy, but they must file a separate adversary proceeding for student loans. ... And it will affect more than just your college debt ...

  3. How bankruptcy affects your mortgage - AOL

    www.aol.com/finance/bankruptcy-affects-mortgage...

    Type of bankruptcy. What it means for you. Chapter 7. Often referred to as liquidation, this type of bankruptcy means selling off your non-exempt assets to repay your debt.

  4. Educational Credit Management Corporation - Wikipedia

    en.wikipedia.org/wiki/Educational_Credit...

    Educational Credit Management Corporation (ECMC) is a United States nonprofit corporation based in Minnesota. Since 1994, ECMC has operated in the areas of student loan bankruptcy management and loan collection. ECMC is one of a number of guaranty agencies that oversee student loans for the United States Department of Education. As a guarantor ...

  5. Chapter 13, Title 11, United States Code - Wikipedia

    en.wikipedia.org/wiki/Chapter_13,_Title_11...

    The disadvantage of filing for personal bankruptcy is that, under the Fair Credit Reporting Act, a record of this stays on the individual's credit report for up to 7 years (up to 10 years for Chapter 7); [5] still, it is possible to obtain new debt or credit (cards, auto, or consumer loans) after only 12–24 months, and a new FHA mortgage loan just 25 months after discharge, and Fannie Mae ...

  6. Cal Grant - Wikipedia

    en.wikipedia.org/wiki/Cal_Grant

    Submit the FAFSA or California Dream Application and your verified Cal Grant GPA by the deadline; Be a U.S. citizen or eligible non-citizen (your parents don’t need to be citizens or eligible noncitizens) Be a California resident when you graduated from high school or exempt from non-resident tuition (AB 540) Attend a qualifying California ...

  7. Which debts can’t be discharged in bankruptcy? - AOL

    www.aol.com/finance/debts-t-discharged...

    As part of Chapter 7 bankruptcy, your credit card debt is typically discharged immediately. On the other hand, Chapter 13 bankruptcy focuses on reorganizing your debts.

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