Full Version: Charge off on Sallie Mae
Okay so my husband has a Sallie Mae loan that was thru Sallie Mae Financial. They have charged the account off to bad debt. He filed chapter 7 in October (old laws) anyway. I look at his credit report and Sallie Mae has been updating the account to say what his past due. The tradeline now is under Salle Mae LSCF. They have been updating account. Can they do this while he is in bankruptcy? Also what can he expect to happen after discharge?
QUOTE(jelly450 @ Feb 16 2006, 09:39 AM) 
Okay so my husband has a Sallie Mae loan that was thru Sallie Mae Financial. They have charged the account off to bad debt. He filed chapter 7 in October (old laws) anyway. I look at his credit report and Sallie Mae has been updating the account to say what his past due. The tradeline now is under Salle Mae LSCF. They have been updating account. Can they do this while he is in bankruptcy? Also what can he expect to happen after discharge?
He can expect them to come after him. SLs cannot be discharged in BK, but I don't know about reporting.
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