Amicus Brief Argues Mixed-Purpose Loans and Loans for Non-Title IV-Eligible Programs Do Not Qualify for § 523(a)(8)(B)’s Exception to Discharge
The National Consumer Bankruptcy Rights Center (NCBRC), the National Association of Consumer Bankruptcy Attorneys (NACBA), and the National Consumer Law Center (NCLC) have filed an amicus brief in the Ninth Circuit in Nichols v. Pearson (In re Pearson), Nos. 26-1962 & 26-1963, urging the court to affirm a Bankruptcy Appellate Panel decision holding that a private educational loan that does not satisfy the statutory definition of a “qualified education loan” is dischargeable in bankruptcy.
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