http://bklaw.com/bankruptcy-blog/2009/12/private-student-loans-in-bankruptcy/ Los Angeles Bankruptcy Blog: Current issues, comments, questions and answers in bankruptcy law. Tue, 06 Sep 2011 02:33:05 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://bklaw.com/bankruptcy-blog/2009/12/private-student-loans-in-bankruptcy/comment-page-1/#comment-93 Mark Markus Fri, 24 Jun 2011 20:16:47 +0000 http://bklaw.com/bankruptcy-blog/?p=156#comment-93 Looks like Congress is again taking up new legislation on private student loans. We'll have to see how it progresses this time. It is important to keep in mind, however, that VERY FEW loans are truly private in the sense that they would qualify for discharge if such a new law is passed. Historically, any loan that is administered through a government program, even if borrowed from a private bank, was considered a "public" student loan. Looks like Congress is again taking up new legislation on private student loans. We’ll have to see how it progresses this time. It is important to keep in mind, however, that VERY FEW loans are truly private in the sense that they would qualify for discharge if such a new law is passed. Historically, any loan that is administered through a government program, even if borrowed from a private bank, was considered a “public” student loan.

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