General Discussion

CincyDem

(6,363 posts)

45. This probably falls into the "fraudulent transfer" category.

Mon Jul 1, 2013, 10:12 AM

Jul 2013

Hard to say without the specifics but my guess is that Sallie Mae would go after you on intent. If you've got the student loan debt when you apply, it needs to go on the card application an that might make it hard to get a card. Having a little experience with bankruptcy and a lot of experience inside the banking business, I would say that anyone who could do this from a credit point of view, probably doesn't need to do it to avoid the student loans. IMHO.

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What's wrong with this picture [View all] TalkingDog Jun 2013 OP

It's become "United States "For Banks & Corporations" nt AnotherDreamWeaver Jun 2013 #1

+1000 forestpath Jun 2013 #2

+1 leftstreet Jun 2013 #4

ditto that nilram Jun 2013 #11

Once we had a manufacturing-based economy, now we have a fraud-based economy. reusrename Jun 2013 #3

Add the Texas plant which exploded recently, killing and injuring many... Fire Walk With Me Jun 2013 #5

kr HiPointDem Jun 2013 #6

and another kick... prairierose Jun 2013 #7

This is not rocket science. Just follow the money..... DeSwiss Jun 2013 #8

"What's wrong with this picture?" Brigid Jun 2013 #9

ESPECIALLY if the student loan debt is for classes that you can't use to get a job. Spitfire of ATJ Jun 2013 #10

And let's be blunt, Curmudgeoness Jun 2013 #18

Most of the stuff is designed to hobknob with fucking snobs.... Spitfire of ATJ Jul 2013 #24

Macbeth felt guilty about the evil he did. CEOs feel entitled to treat the 99% like losers. tclambert Jul 2013 #33

Instead of witches,.... Spitfire of ATJ Jul 2013 #56

It's interesting that you trash snobs by referencing Shakespeare lunatica Jul 2013 #35

Shakespeare was and IS for the masses. The stories were often subversive. Spitfire of ATJ Jul 2013 #57

Oh please! lunatica Jul 2013 #72

"Bubble bubble toil and trouble"? No problem. Spitfire of ATJ Jul 2013 #73

School isn't just about getting a job. gtar100 Jul 2013 #27

K & R TheJames Jul 2013 #58

I agree with all that you say, Curmudgeoness Jul 2013 #64

Great post Art_from_Ark Jul 2013 #67

Who cares anymore. If you don't LOVE Coccydynia Jun 2013 #12

You're free to leave at any time bigwillq Jun 2013 #16

Yeah. Then get marked troll and silenced like the lamb Coccydynia Jun 2013 #22

Well you're pretty much doing a great job at marking yourself lunatica Jul 2013 #36

Hey, you've been doing well here truebluegreen Jun 2013 #17

Thanks. Too many people like to censor Coccydynia Jun 2013 #23

Member since: Sat Jun 15, 2013...you've been here for two frigging weeks. MADem Jul 2013 #28

if that is the way you feel, you are certainly free to go elsewhere. niyad Jul 2013 #46

Love it or leave it. Hmmm, where have I heard that before Nanjing to Seoul Jul 2013 #49

nice try. was simply pointing out that, if this person is so unhappy here, and thinks things are so niyad Jul 2013 #65

DU. love it or leave it. If you don't like this website, leave and find someplace else Nanjing to Seoul Jul 2013 #68

interesting that you did not address the other poster who said the same thing. niyad Jul 2013 #69

Phil Ochs okay seems appropriate Nanjing to Seoul Jul 2013 #70

“Corporations are people, my friend Snake Plissken Jun 2013 #13

Nothing that time won't send down the memory hole. Coccydynia Jun 2013 #14

The Red, White, and Blue of Patriot Coal! NBachers Jun 2013 #15

Great election year billboard. n/t jaysunb Jun 2013 #19

Actually, the story is even worse than this picture. Lucky Luciano Jun 2013 #20

That's hardly cheating. Jackpine Radical Jun 2013 #21

Sounds like Bain. GeorgeGist Jul 2013 #26

Her dad is a miner. GeorgeGist Jul 2013 #25

What's wrong with this picture? Here, let me show you some other pictures... Scootaloo Jul 2013 #29

Because our electorate "has been bought off with gadget, toys and American idol." Nanjing to Seoul Jul 2013 #50

Egg-zackly. kath Jul 2013 #61

Apples and oranges Orrex Jul 2013 #30

Student loans can not be discharged in bankruptcy. CincyDem Jul 2013 #32

Yeah, that's kind of my point Orrex Jul 2013 #39

Student Loans can not be discharged in bankruptcy yeoman6987 Jul 2013 #40

This probably falls into the "fraudulent transfer" category. CincyDem Jul 2013 #45

Student Loans yeoman6987 Jul 2013 #60

Bankruptcy attorneys require complete payment in advance. N/T GreenStormCloud Jul 2013 #43

Only corporate persons have rights. Everyone else should be grateful they are allowed to live. hobbit709 Jul 2013 #31

Kick Scuba Jul 2013 #34

Indentured Servitude disguised as educational loans. n/t fasttense Jul 2013 #37

K & R ctsnowman Jul 2013 #38

Like Joe Liebermann warrant46 Jul 2013 #42

I would have thought so ctsnowman Jul 2013 #44

OOPS confused him with Harry Reid and Arlen Sphincter (d) PA warrant46 Jul 2013 #74

To tell you the truth ctsnowman Jul 2013 #75

Thank you for the correct info---its fascinating warrant46 Jul 2013 #78

This is one ugly picture. Enthusiast Jul 2013 #41

It's a win-win for for Wall St supporters. So, nothing? nt raouldukelives Jul 2013 #47

What's wrong with this photo? EVERYTHING. calimary Jul 2013 #48

USPC - United States of Police and Corporations. Nanjing to Seoul Jul 2013 #51

Yeah, no shit. calimary Jul 2013 #54

USPC also means United States Prison Complex. Go figure. Nanjing to Seoul Jul 2013 #55

K&R nt abelenkpe Jul 2013 #52

K&R! grahamhgreen Jul 2013 #53

If only corporations were people, they would have to pay/discharge their debts just as indepat Jul 2013 #59

What's wrong with this picture is what's wrong with America. mountain grammy Jul 2013 #62

Bankruptcy is not a get out of jail free card Boom Sound 416 Jul 2013 #63

let me complete that..... obxhead Jul 2013 #66

Too true. Things have gotten upside down in this country. nt Honeycombe8 Jul 2013 #71

2 Factors at work 4Q2u2 Jul 2013 #76

. Liberal_in_LA Jul 2013 #77