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General Board / Re: Should I file Bankruptcy...
« on: September 04, 2006, 08:43:08 PM »
- What is the ratio of the student loan debt to the total debt being bankrupted? If the student loans exceed approximately 50% of the debtor's total debt load, courts will be suspicious that the primary purpose of the bankruptcy is to discharge the student loans.
So basically if the ratio of your unsecured debt to the student loan balance is say 1:4 your chances of getting your student loans discharged in bankruptcy are slim ?
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