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originally posted in: Disability /loans
Edited by Vicex: 2/3/2013 8:37:30 PM
4
You still have to pay loans if you are disabled. University is considered an "investment", not a service that can be refunded or wrote off. So, they can take SOME of it, how much I'd assume depends on what the court says.
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  • I know that but I was just wondering how much can they take? I have both private and federal loans. I don't make money but the money I have left is in my sister's account cause I know if I put it in mine, it will be taken.

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  • If they go to court, they can take all of your assets and make whoever co-signed pay. But the amount they can take from your disability (if you get it) is likely to be fairly high, but a judge will likely determine it.

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  • Edited by Ninjabird00: 2/3/2013 8:52:11 PM
    I don't have any assets and I doubt a private loan company can take your entire check. It should be know more than 15 percent.

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  • I'd speak to your lawyer on the exact numbers.

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