Legal News for Credit Union Managers Since 1990

Archive for December, 2021

02
Dec
2021

Nondischargeable Credit Union Student Loan

Here, the appellate court reversed a bankruptcy court ruling discharging Roberts’ student loans in a Chapter 7 bankruptcy. Here, Roberts borrowed more than $25,000 of student loans from Equipment Federal Credit Union and attended Eastern Illinois University. Seven months after Roberts’ student loans became due, he filed bankruptcy and sought to discharge the credit union’s […]

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