Legal Question in Bankruptcy in Oregon

Re: Bankruptcy and University Obligation

Student loans are generally not dischargeable in bankruptcy, although there are a few exceptions. You should sit down with a bankruptcy attorney near you and go over your options.

As far as your transcripts, most colleges and universities have a policy in place that states that they cannot issue a transcript to you or another agency or instutition if you have a balance due.

Re: Bankruptcy and University Obligation

There is case law that says that if the university wittholds the transcript until the debt to them is repaid, it is a violation of the automatic stay in bankruptcy. It makes a difference whether the money is owed directly to the university, and whether it was for school expenses, or just a student loan. I researched this several years ago, but I don't recall all the specifics. Generally, student loans are not owed to the University, they are owed to a bank or other lender, so the university would have no reason to witthold your transcript anyway.