Student Loans
(July 5th, 2005 under New Bankruptcy Law )The U.S. Court of Appeals for the Tenth Circuit has published an opinion reinforcing the principle that debtors are not entitled to a discharge of student loan debt absent a showing of undue hardship. In Alderete v. Educational Credit Management Corp., Case No. 04-2109 (Opinion filed June 29, 2005), the court reversed a bankruptcy court determination that even though there was no showing of undue hardship, the debtors were entitled to a partial discharge of their student loan debt.
http://www.kscourts.org/ca10/cases/2005/06/04-2109.htm
Mac McMahan
This entry was posted on Tuesday, July 5th, 2005 at 8:36 am and is filed under New Bankruptcy Law .