Quote:
Originally Posted by Big Mama
oh no adam. I wish there was something I could say, something I could do. That is unbelievable. I hope your wife does go back to work. She can flip burgers or work at wal mart if she must. I am glad she said she'd work, I hope she makes good on that.
I am not a fan of bankruptcy. Can you bankrupt student loans? I know it would ruin your credit for 5 -8 years. But a $460 loan might just ruin you if you don't do something.
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You can't file bankruptcy on school loans.
Can she take out another loan for the 10% to bring it back down to 85k then pay off the the 10% while paying minimum payments for the school loan?
I wouldn't put my name on any loan (associated with this) because your credit will be terrible if you cosign anything with her.