Private Student Loan Update: Second Circuit Finds “Educational Benefit” Category of Section 523 Does Not Apply to Private Student Loans
Arnold Porter
SEPTEMBER 22, 2021
In 2017, Homaidan reopened his bankruptcy case and commenced a putative class action adversary proceeding against Navient, alleging that Navient “employed a scheme of issuing dischargeable loans to unsophisticated student borrowers and then demanding repayment even after those loans are discharged in bankruptcy. but omits it in another.
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