>i gather from this convo that you can Never default on your stud loan,
right?
Right. Doesn't matter if you can't pay it and go bankrupt. They still have a legal right to the money. No negotiating or bargaining. In very rare cases, and I know of one, a women with a huge student loan had a major bipolar episodes, was put on disability and Social Security, and they finally accepted pennies on the dollar. Up until then though, no bargaining. At one point before this, they were taking about 40% of her (small) paycheck.
So speak I:
Is it possible to negotiate a minimal payment option? I mean, I DO NOT have the money. Moreover, I don't even have a fixed income that they could look at. There are no payment recepits in Russia, at leats not most places.
Chris Doss The Russia Journal