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So it influences every personal bankruptcy procedures started once Oct eight, 1998, regardless of whether it encompass money sustained ahead of you to definitely big date

BAPCPA and additionally mandates borrowing guidance just before a borrower can be file for bankruptcy proceeding

For the intended purpose of this paragraph, the expression regarding a being qualified student loan comes with money made entirely to expend the higher degree expenses from a qualified student, where the pupil was possibly the newest debtor, the latest partner of debtor, or even the mainly based of the borrower. (more…)