Unformatted text preview: and couldn't make the payments. She went back to the court and asked to have the loans discharged, however she could not present a reasonable undue hardship worthy enough to get her approved since she was not permanently disabled or unable to ever return to work. With respect to a debtor, the goal of bankruptcy is to give someone a fresh start, but to also keep it fair while doing so. Because of these reasons, the loans did not go away; Cathy was unable to prove that she had an uncontrollable hardship and therefore is still in debt with Educational Credit Management Corp. The argument Cathy could make is that she has no income, and therefore cannot pay her student loans, and since there is no statute of limitations on student loans - they can collect them whenever, allotting her more time to find a job and repay the loans....
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- Winter '08
- Debt, Cathy Coleman, reasonable undue hardship, Educational Credit Management