Can my loan be forgiven, now that I'm in my 60s and have been?
I'm sorry to say usually not. It depends on the type of loan and with whom you took it out from, but most lenders are much less merciful than a school of great white sharks in well chummed water. Your best bet might be a Chapter 7 bankruptcy but it costs quite a bit to file. I'm sorry to be so gloomy but with today's economy. . . Jeff Notice: I am not a banker, an accountant, or a lawyer. My advice in these matters should be valued for what it cost. In all cases check with a qualified professional.