January, 2022

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

ABI

at 602–03. . [13] According to the Second Circuit, it would apply to private debts that fall into one of the categories laid out in § 523(a)(8). [19] 19] Private loans, however, are not one of the applicable debts for § 523(a)(8)(ii) and therefore not subject to the undue hardship requirement. [20]. 20]. . . [1]