<prompt> Human: My parents have hidden how bad of a money situation they are in from me until very recently. I am graduating from college in May and I just found out my parents are filing bankruptcy. To pay for my college, I have subsidized and un-subsidized loans in my own name through the government, but a majority of the loans- totaling 81,974, is solely in their name as a parent plus loan. The understanding was that they would pay the first few payments and then I would take over. Now, I doubt that will happen. They have never given me the specifics until now and looking at it, I will need to be paying over 1000 a month in loans. What happens when they file bankruptcy?  <response>: What happens when they file bankruptcy?Probably nothing, at least in terms of the Parent Plus loans. P loans are extremely difficult to discharge in bankruptcy like most other kinds of student loans. 