Question
Green borrowed money from a bank to finance her education; the loan was guaranteed by the federal government. Green then suffered financial problems and was
Green borrowed money from a bank to finance her education; the loan was guaranteed by the federal government. Green then suffered financial problems and was forced to file a petition in bankruptcy. Is she still obligated to replay the loan? Why or Why not? What if the federal government forgave the debt the day after her bankruptcy was discharged?
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International Business Law and Its Environment
Authors: Richard schaffer, Filiberto agusti, Beverley earle
7th Edition
78-0324649673, 324649673, 978-0324649659
