Ok, very we hope you will find sure your one putting college loans on to a credit card is a bad idea. However for certain, this isn’t the conclusion purpose. What’s the end goal you ask? Bankruptcy proceeding. Wait, just what? You are amazed you to case of bankruptcy would actually be someone’s objective? Your envision personal bankruptcy was to be prevented no matter what…?
The concept behind this strategy stems from the point that pupil loans typically are not discharged for the case of bankruptcy. Yes, it happens, but it is really rare. Playing cards concurrently, this is the style of question you to gets discharged day long. Therefore, the idea should be to flow the finance so you’re able to playing cards where you can make them decrease. Even though it appears like an innovative workaround, it’s an awful idea. Fortsett å lese Various other Method: Discharging Moved College loans inside the Bankruptcy proceeding