Jump to content
Fettman

Loans...

By Fettman in Russia, Ukraine and Belarus

 Share

16 posts in this topic

Recommended Posts

Satellite Proficient

Satellite   1

Posted
Filed: Citizen (apr) Country: Russia
 Timeline
Posted
Trading an unsecured loan for a secured one is always a bad idea.
Although when it comes to education loans in the US, it really makes no difference, because you pretty much have to be in a position where you will never be able to earn anything with your education to get that loan discharged in bankruptcy. Even secure loans can be discharged once they take all the property.

Also, if you did trade an unsecured loan for a secured loan within a certain period of filing for bankruptcy, the creditor with the secured loan will be barred from jumping ahead of the other unsecured creditors.

Link to comment
Share on other sites
 
Didn't find the answer you were looking for? Ask our VJ Immigration Lawyers.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share
Go to topic listing
- Back to Top -

Important Disclaimer: Please read carefully the Visajourney.com Terms of Service. If you do not agree to the Terms of Service you should not access or view any page (including this page) on VisaJourney.com. Answers and comments provided on Visajourney.com Forums are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Visajourney.com does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. VisaJourney.com does not condone immigration fraud in any way, shape or manner. VisaJourney.com recommends that if any member or user knows directly of someone involved in fraudulent or illegal activity, that they report such activity directly to the Department of Homeland Security, Immigration and Customs Enforcement. You can contact ICE via email at Immigration.Reply@dhs.gov or you can telephone ICE at 1-866-347-2423. All reported threads/posts containing reference to immigration fraud or illegal activities will be removed from this board. If you feel that you have found inappropriate content, please let us know by contacting us here with a url link to that content. Thank you.
×
×
  • Create New...