>From: Chris Doss <chrisd at russiajournal.com>
>Reply-To: lbo-talk at lists.panix.com
>To: "'lbo-talk at lists.panix.com'" <lbo-talk at lists.panix.com>
>Subject: RE: Students loans
>Date: Fri, 20 Apr 2001 15:12:11 +0400
>
>
>
> >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
>
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