SMARTFINANCESOLUTIONS.NET - I was in Chapter 13 bankrupty from 2006 - 2008 and had Sallie Mae Parent Plus loans for my kids college.?

By : Taylorhugginsgic

Published On: 2013-11-26

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Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - I was in Chapter 13 bankrupty from 2006 - 2008 and had Sallie Mae Parent Plus loans for my kids college.? - During the whole 3 year period of bankruptch, the trustee was making payments on the two Parent Plus loans. He listed these payments as principal. After the bankruptcy was complete, I was notified by Sallie Mae that I had to start paying again. I was surprised but after checking into it, I realize SM loans do not go away through bankruptcy. What I'm not ok with, is that Sallie Mae took all that money over the three years only towards the interest on the loans. The amount I owe is still the same three years later after they had been getting money from the trustee all that time. Is this correct or should they have taken the money of the principal amount of the loan? -

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