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 .


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