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by tw04 1886 days ago
How is the law not obvious? There are a handful of things that are exempt from bankruptcy, "income sharing" isn't one of those things. Going through the list of exempted items, I can't find a single one where I go "oh, yes that sort of applies".

http://www.californiabankruptcy.info/exemptions.html

2 comments

That lists property someone can keep. Did you mean this page?[1]

[1] http://www.californiabankruptcy.info/nondischarge.html

Well, student loans _are_ one of those things.

ISAs seem a lot closer to "student loans" than, like, a new boat. I don't think this is totally unreasonable.

That’s giving way too much credit. I’m sure if you asked 100 people if ISAs from a bootcamp were the same as government backed student loans, you’d get pretty close to 100 “no.”
Private student loans are exempt too...