|If you declare bankruptcy…||Then…|
|Before you get a loan||
Consider speaking with your financial aid office and bankruptcy attorney.
Federal loans—In most cases, a bankruptcy does not prevent you from obtaining a student loan through the United States Department of Education.
Alternative (private) loans—Bankruptcy may affect your eligibility for an alternative student loan. Speak with the lender first, before you apply.
|While you have a loan||Bankruptcy could impact your rights and obligations pertaining to your existing student loans. You should consult a bankruptcy attorney regarding the impact of bankruptcy on your student loans, including whether they may be dischargeable.|