Parents filing for bankruptcy? Will I get any aid?

[emeraldkity4]

<p>

Bankruptcy<br>
Effective October 8, 1998, your obligation to repay Title IV, HEA student loan and grant liabilities can no longer be canceled (discharged) due to bankruptcy, unless you can successfully prove that repayment of the debt would cause “undue hardship” as defined by case law in your jurisdiction.
Previously, student loan and grant liabilities could only be canceled (discharged) due to bankruptcy under certain conditions which, in general, depended on the amount of time between the date on which a loan or grant liability was due or the date that the bankruptcy was filed, as well as undue hardship.

[Loan</a> Cancellation Discharge](<a href=“http://www2.ed.gov/offices/OSFAP/DCS/loan.cancellation.discharge.html#Bankruptcy]Loan”>http://www2.ed.gov/offices/OSFAP/DCS/loan.cancellation.discharge.html#Bankruptcy)</p>