If I file for Bankruptcy, will it effect me when I apply for future student loans?

Bankruptcy will not stop you from getting govt funded loans. If you file ch13, your loans will go back to your gaurentor while you are in bankrutpcy but will go back to the original lender once yu have been discharged. You will have to sign new promisorry notes but you will be able to continue to get loans with no probelms as long as your have not defaulted on paying any other. Your laons will not be discharged during bankruptcy ( unless you can prove extreme hardship but if you do I dont know of you can get them back) but yu will be responsibe after you have satified your bankruptcy. This si what happened to me. I filed ch13 and had no problem getting more school loans.

Students who are looking for a bad credit student loan should pick three schools they are most interested in, talk to the admissions office, and ask what is needed to apply in their school.A bad credit<!--student loan is payable only after the student has completed his or her education, and has started earning a certain minimum amount. You can find more information Student Loan here, http://badcredits.awardspace.com/student-loans.htm Since April 2005, the minimum amount that the candidate of the bad credit student loan is required to earn has also increased. Bad credit student loans are available as both secured and unsecured loans-->depending on whether you are a homeowner or not. The rate of interest to be paid on unsecured bad credit student loans is higher than that on secured bad credit student loans. This is because the secured bad credit student loans are backed by your home as a security.

How much debt do you have? Bankruptcy is rarely smart. You know that your existing student loans are not bakruptable, right?