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New lawyer can’t discharge student loan debt (access required)

By: Pat Murphy
Published: July 9, 2009

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A new lawyer shouldn’t have been granted a discharge of student loan obligations in his bankruptcy case merely because he faced years of “shockingly immense” indebtedness, the 8th Circuit has ruled in reversing judgment. The debtor passed the bar in 2002. At the time his bankruptcy case was decided, he owed $363,000 in principal, interest and ...
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