Sallie mae cosigner

Student loans including private ones are NON dischargable in bankruptcy...didnt your attorney tell you that?

You both can be sued, garnished and have your bank accounts levied.

I filed the chp 7 pro se. I didnt think it would be discharged, but i went ahead and added all of my debts. it is no longer on my credit and has went to hers. Is there a way I can get if back off her credit and on to mine. I am losing my best frined over this, and it was beyond my control. I tried to dispute the loan because i was sucked in by a predatory school that put me on a fast track while i was unemployed. They told me i had the option to go in the days or nights, I was offered a good job and accepted it because I assumed I could finish school at night. The school told me night classes were no longer available because they had no instructors.

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it hasnt reappeared on my credit, i asked them to do it after explaining my situation and how it went on her credit and they said my credit isnt good enough to take over the loan. I have my whole packet at home regarding my correspondence with them. Im gonna check and see if the night and day class provision was in writing. I was only in the course for about 4 weeks but since they put me on a fast track (in class 8 hours m-f) they said that i completed more than 45 percent of the course and thereby didnt qualify for a refund. I still really feel like i was tricked by the school and they got the money, i got nothing, and my best frined is now stuck with this loan and she is also now in school and is very afraid that this will impact her being able to get her own financial aid.

Unfortunately you made the decision to leave school for a job. This was a private loan....are you also dealing with federal aid as well? Grants?

This will not affect your friends federal financial aid.

yes i am still using financial aid also. and since my divorce, i am now eligibale and recieved a few grants. I told my friend that it wouldnt affect her financial aid, but she doesnt think im correct. Why cant they just consolidate all my student loans together, and include that one.? why are they being so difficult? i think its because at once she had really good credit, but has since almost lost her home but sold it in a short sale, and is now unemployed but in school fulltime for nursing. I dont know what other choices i have.

They are not being difficult. You cannot consolidate private loans with federal loans. What you borrowed is outside the federal system and cannot be consolidated with you federal aid.

do you think I can try to settle at least with a lower interest rate or a smaller amount considering that i didnt get the training that we are paying for? Please tell me if there is anything I can do, if nothing else to ease my friend of this burden.

Sallie Mae will not lower your interest rate or the amount you owe. Lets put it this way....when you buy a car, you take a loan from the bank to pay whoever you are buying the car from. The bank takes no liability or interest if you buy a car that constantly breaks down or is a lemon....you still owe them the money. Sallie Mae is the same as the bank....they loaned you money to go to the school of your choice. How you used it or didnt use is not their concern. You still owe them the money. And they are very agressive at getting it back.

is there anyway I can go after the school, who gave me false information and make them rescind the loan or pay it back? I really appreciate your help with this issue

The loan cannot be recinded...you made the decision to take a job instead of continuing in the program. On top of that their argument that you attended more than a certain % and therefore are not due a refund is standard with all schools. Schools often "reserve the right" to change programs and times. If you were in the evening program and they discontinued it, you might have had an arguement. However since you were in a day program, you really dont have hope in hell, especially this long after.

I accepted the job, because I was told i could still attend class at night. I did not simply leave school to get a job. Thanks for your help.

The problem is, unless you have documented proof that you were assured you could switch to night classes at any time, you don't have a leg to stand on.

It's a hard lesson but, once it's learned, it's never forgotten.

thanks OHIOGAL, unfortunately, I dont believe it was in writing but part of the schools shady recruiting officer to convince people to join. I only went there to brush up on some computer skills, it wasnt like a big career move for me. I wanted to stay busy while I was out of work, I had just relocated to Florida from New Jersey. Yes, this is a very hard lesson but I got it.