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 PMI 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.