LOL...totally mis-read it! I though they were offering to refi, student load debt. Is that possible? ad then my follow up questions makes sense. :)
Sure, you could take out a personal loan, pay off a student loan, then declare BK.
If you're close to BK though, good luck getting a personal loan. And if you do it right away, the lender might declare fraud and it might not get discharged.
That sort of behavior, besides being unethical, may be illegal. It's fraught with risks regardless. But it is possible.
Not quite so simple. If the lender of the personal loan can demonstrate to the bankruptcy court that the loan was used to repay a non-dischargeable debt, then the personal loan could be held non-dischargeable as well. If you're really set on committing bankruptcy fraud, you would need to play a bit of balance transfer roulette, so that the ultimate creditor wouldn't know what you did. But yes it's possible.
Figuring out ways to theoretically discharge large student loan balances is a bit of a parlor game in my industry. Usually meeting the other filing requirements would also involve theoretical divorces, mortgages, and hiding of assets. Anyone smart, determined, and with good enough credit to pull it off would probably be wiser devoting all that devious energy into aggressive repayment. ;-)