— Admin @ 10:35 pm — 
July 22, 2010Monthly student loan payments tend to be overwhelming. Being a fresh graduate, expect the payment to take up the majority of your monthly salary. There really is no other way to get out of these loans for people with bad credit but to pay them. They are federally insured. Even if you try to declare bankruptcy, they would just “wait” until you get enough money to pay for them.
One of the possible ways to get out of paying your student credit is to declare a disability. You will not only have your student credit discharged but you will also receive a monthly disability check. However, applying for this is a very long and tedious process. It would take years for you to be declared disabled. Along with the declaration, you also run the risk of being caught anytime. You will be charged a serious federal offense (if your application is founded on falsities) and might go to jail. Bel Full Post…