Second Circuit Rules Private Student Loans May Be Discharged in Bankruptcy

On July 15, the U.S. Court of Appeals for the Second Circuit ruled that private student loans are not explicitly exempt from a debtor’s Chapter 7 bankruptcy discharge.

Filed under:
USA, Insolvency & Restructuring, Litigation, Troutman Pepper
Authors:
Joseph M. DeFazio , David M. Gettings , Ethan G. Ostroff
Location:
USA
Firm:
Troutman Pepper