Student loans and bankruptcy?

Is it at all possible to discharge student loans through bankruptcy? I have about 120K in student loans, and make about 35K a year at my job. My monthly student loan payments are about $1200/mo and I bring home about $2,000 a month. I do not have enough to live on after I pay my student loans and rent. I've racked up significant credit card debt trying to cover my other essential expenses. So, for someone in my case, is it at all possible to discharge student loans through bankruptcy?

Student loans and bankruptcy?
The answer to this is kind of complex. I found a really good resource online, though, at http://www.finaid.org/questions/bankrupt...
Reply:You are the poster child for people who think student loans are a good way to not only get them through college, but live large while they do it, without working and paying as much as they can while in college.


Bankruptcy will not include your student loans and it will ruin your credit. Most lenders can work with you and will be willing to develop payment plans that will fit your budget.
Reply:Don't go for bankruptcy. It will remain on your credit for 7-10 years and during this time you wont get any financial help.


There are many student loan consolidation but all are not good. Always go to them who are legitimate and are BBB online registered. They can reduce the rates by 2% and also lowers the payment by 50%.


To know more you can visit


http://www.easystudentloanconsolidation....