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In this week's chapter we have looked at bankruptcy from the standpoint of a business as well as individual. But do you know that an
In this week's chapter we have looked at bankruptcy from the standpoint of a business as well as individual. But do you know that an individual has a student loan, the loan is not dischargeable in a bankruptcy proceeding unless payment of the loan would cause undue hardship (page 426)?
How do you feel about this law? Would you want student loans to be available as debts able to be discharged in a bankruptcy? Why or why not?
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