Disabled since May 2010 social security . Student loan cancelled April 2012 . Combined state and federal tax $ 6000 . 00 To file insolvent on this debt must be over asset amount do you claim partial removal of loan or is it the difference between debt and asset is all you can write off . Low income due to disability extremely difficult to pay taxes when living expenses take 98% of income . Low income poor credit score cannot qualify for home equity loan .