I really don't know but I'll bump this all night in case some one else does : )

Hi Friend,
Can you please sort of clarify your problem for me.

From what I can gather, you have student loans that you can't pay.

You are unemployed.

So, I don't know anything else.

Did you graduate from college?

http://bankruptcy.findlaw.com/bankruptcy/more-bankruptcy-topics/when-you-cant-pay-student-loans.html

This is the problem with what is called unsecured loans. The bank has nothing tangible to take (like a car in a car loan, or a house in a house loan), so they come after you.

Bankruptcy is one option, but please think long and hard before doing that. A bankruptcy stays on your credit record for a very long time, and can make it very hard to get a loan even when you do get a job and have a good income history.

Talk to the bank or who ever you owe money to and level with them. They know that they can not get money where there is none. (Who knows, they may be able to steer you to a source of decent employment.)

Be careful of those companies that say they can get your loans reduced or even forgiven without bankruptcy. They are often con artists who are looking to get that last ounce of money out of people.

Gentle hugs, and keep looking for work.

I did not graduate from this particular college that I owe the loans for, no. My second college (the one I graduated from) was paid off from a inheritance.I don't think bankruptcy is a good option either, and I would never consider contacting one of those places that promises to reduce payments.

I guess I just needed to vent because I don't really feel like anyone out there in this world really cares about me. This just adds to the frustration of being out of work. I'm always just left to wonder what am I doing wrong? Why has all my hard work lead me to know where?

Your efforts were not wasted. My daughter graduated college a year ago, and the only work she could find was the part time jobs she had during school.

The economy sucks right now, you are not the only good person who is having trouble finding work.

Gentle hugs

There are forms on the gov't website where you request a deferment/forbearance for your exact reason.

bump x

I agree with "winnieandpiglet". My Ex is in the same boat and has been trying to repay $25K in student loans (half secured/ half unsecured) for over 6 yrs now. She gave up trying to find a job in her field (She has a BS in HR) and went from a $25/hr job to minimum wage. She is living back with me in a separate room because I didn't want to see her homeless. As far as I know, you can defer for some period of time as she has. Bankruptcy will not cover federal student loans and I heard that Obama just passed or is trying to pass a law that will bump the time limit of when the Govt will finally forgive the loans from 25 years to 20.

I would apply again. This does not even sound right. Can you get your doctor to fill out a form saying you can not work? Are you on disability? Or, applying for it?

I was told as long as I didn't have taxable income I didn't have to pay. My doctor has filled out a form trying to get my loans removed. Keep trying. Apply on line. Call them at the 800 number. Keep calling the number you called until you get someone different. This is not right, not right at all.

I have been where you are, I hope you get your home situation taken care of.