All personal assets and liabilities must be included in your bankruptcy. If the education funds are not titled in your name and you have no other interest or obligation in them, they probably would not be included. However, you should discuss the particulars with a qualified bankruptcy attorney.

Answer Applies to: Ohio
Replied: 1/18/2012

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Tuition and student loans are not dischargable in bankruptcy absent an a showing of extreme hardship.

Answer Applies to: Indiana
Replied: 1/17/2012

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Student loans can not be discharged even if you are the parent who merely co-signed.

Answer Applies to: Virginia
Replied: 1/17/2012

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Yes, as long was we are not talking about college student loans. It sounds like you are talking about private school in the lower grades.

Answer Applies to: California
Replied: 1/17/2012

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You can not discharge student loans in a bankruptcy.

Answer Applies to: New York
Replied: 1/17/2012

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The money you paid in may be lost. You should consult with an attorney.

Answer Applies to: Florida
Replied: 1/17/2012

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If you mean would their tuition and/or books be dischargeable, it depends on what type of loans they have. If they are government loans, they are generally not dischargeable. For example if you got a student loan for their education through Sallie Mae, it is very, very difficult to meet the tests that allow you to discharge them. If you just been paying for it out of your own pocket, and don't have any more money to do so, they would have to stop attending the school or apply for some sort of financial aid on their own. Perhaps getting rid of other unsecured debt, like credit cards and medical bills, would help free up some money for you to continue having them attend school. That is where bankruptcy can help you. I would suggest talking to an experienced bankruptcy attorney and seeing what he or she advises.

Answer Applies to: Michigan
Replied: 1/17/2012

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All debts and assets are "included in bankruptcy". Some debts are non-dischargeable like student loans and if you have ongoing obligations, like tuition, you would have to pay it in order to continue to use the service.

Answer Applies to: North Carolina
Replied: 1/16/2012

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You can generally include tuition in a bankruptcy as long as it is not a student loan. Student loans are generally not dischargeable in a bankruptcy. I'm not really sure what you mean by education funds though so I can not give a good answer as to whether this would be able to be discharged.

Answer Applies to: New York
Replied: 1/16/2012

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Student loan are not dischargeable debts in bankruptcy.

Answer Applies to: California
Replied: 1/16/2012

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A tuition bill from your childrens' school or college can be discharged. Most student loans, however, cannot be discharged.

Answer Applies to: Ohio
Replied: 1/16/2012

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Unpaid tuition and similar fees must be paid to continue your children's education. Student loans are non dischargeable.

Answer Applies to: California
Replied: 1/16/2012

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Your question makes it sound like you are about to commit a serious felony and conceal things from the court. You can spend the next 5 years in prison, be fined $250,000 and see your bankruptcy dismissed.

Answer Applies to: Georgia
Replied: 1/16/2012

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If you owe money for tuition, you could include in the bankruptcy but they might not be allowed back in the school.

Answer Applies to: California
Replied: 1/16/2012

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If they are held in a tax deferred account then they are protected.

Answer Applies to: Nevada
Replied: 1/16/2012

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