Laura
05-18-2007, 01:25 AM
...These debts are virtually impossible to discharge in bankruptcy, regardless of one’s financial condition and one’s ability to pay. Meanwhile, nyceve reminds us of the many Americans have overwhelmingly serious medical conditions that render them permanently and totally disabled and simultaneously saddle them with medical debts that they may never be able to repay.
When these disabled persons have student loan debt, it may be impossible for them to pay it back, exacerbating burden of the cost of their medical care and their inability to work and support themselves. Some disabled persons have income from SSI or SSDI, but once student loans become late or go into default, the disabled may lose all access to credit cards, car loans, mortgages and other credit based financial functions. ...
The rest of the story at:
http://www.dailykos.com/story/2006/12/10/16305/111
When these disabled persons have student loan debt, it may be impossible for them to pay it back, exacerbating burden of the cost of their medical care and their inability to work and support themselves. Some disabled persons have income from SSI or SSDI, but once student loans become late or go into default, the disabled may lose all access to credit cards, car loans, mortgages and other credit based financial functions. ...
The rest of the story at:
http://www.dailykos.com/story/2006/12/10/16305/111