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: The Debt Podcast

Carpenter?s Apprentice Training Costs Non-Dischargeable as ?Student Loans,? Even Though No Loans Were Made

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In re Kesler, 2009 WL 650421 (Bky.S.D.Ill. March 9, 2009), held that $29,118.18 in carpenter’s apprentice training costs were non-dischargeable as “educational loans” within the meaning of section 523(a)(8) of the bankruptcy law.  The bankruptcy court rejected the debtor’s argument that because no actual monetary loans were ever made to him, his obligation to pay [...]

Full post as published by The Debt Podcast on April 20, 2009 (boomark / email).

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