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Old 05-19-2009, 01:48 PM   #13 (permalink)
Zeste
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Join Date: Feb 2005
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Quote:
Originally Posted by bofa View Post
W hat type of corporation do you have setup with your business? LLC? As far as the student loans go, have you looked into an "income contingency repayment" ?


FinAid | Loans | Repayment Plans | Income Contingent Repayment


Business in a LLC, and both me and my wife signed "commercial guarantees" on the loan, meaning personal property is vulnerable if we default.

My student loan is just a federal stafford loan. But that is like 140 a month, I don't have a problem paying that. Just have 8 more years to do so.

And Bankrupty isn't an option for us for a few reasons, mainly that they could then seize my dead dads property and take it, which would leave my brother mighty angry at me....
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