Remove category third-circuit
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Second Circuit Rules Private Student Loans May Be Discharged in Bankruptcy

Troutman Sanders

Court of Appeals for the Second Circuit ruled that private student loans are not explicitly exempt from a debtor’s Chapter 7 bankruptcy discharge. The district court disagreed, finding the text and structure of both Sections 523(a)(8) and § 523(a)(8)(A)(ii) exempt from discharge a far narrower category of debt. On July 15, the U.S.

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Affordable Care Act’s Shared Responsibility Payment is a Tax Entitled to Priority

ABI

1] In In re Szczyporski, the United States Court of Appeals for the Third Circuit held that the shared responsibility payment is a tax entitled to priority under Title 11 of the United States Code (the “Bankruptcy Code”). [2] 19] The shared responsibility payment is a tax entitled to priority in the Third Circuit. [20]

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Second Circuit Disallows Private Educational Loans from Discharge Under 11 U.S.C. § 523(a)(8)(ii)

ABI

Sallie Mae , the United States Court of Appeals for the Second Circuit held that private educational loans may be discharged under § 523(a)(8)(ii) of title 11 of the United States Code (the “Bankruptcy Code”). [1] 6] The district court thereafter certified the bankruptcy court’s order for direct appeal to the Second Circuit for review. [7].

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New Appeals Court Ruling on the Scope of Subsequent Transferee Liability Under Section 550

PBWT

Transferees in the last category are known as subsequent transferees.) For example, if an entity receives a fraudulent transfer of cash, and then passes on the cash to a third party, the third party can be liable under section 550. [1] The Tenth Circuit addressed this question in its recent decision in Rajala v.

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Supreme Court Decision: TransUnion v. Ramirez

Troutman Sanders

Accordingly, the vast majority of the absent class members who could not prove that allegedly inaccurate credit reports were disseminated to any third party did not have standing to assert a claim under the Fair Credit Reporting Act (FCRA). Background. Defamation requires publication; otherwise, the reputational harm does not materialize.

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Third Circuit Holds Settlement Offer on Time-Barred Debt States Plausible FDCPA Claim

Consumer Financial Services Law

Merriam Webster Dictionar y The Third Circuit has refined its position as to whether collection of time-barred debt may violate the FDCPA where the communication involves an offer to settle. Allied’s motion to dismiss was granted by the district court which relied on prior Third Circuit precedent, Huertas v.

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Debt Collection and Estates: District of New Jersey Court Grants in Part and Denies in Part Defendant’s Motion to Dismiss FDCPA Case

Troutman Sanders

” Here, the court reasoned that the plaintiff’s claim that the defendant’s letter was “false and misleading” fell within that category. The court granted the defendant’s Rule 12(b)(6) motion to dismiss on one count, but denied it on the other three counts.