LexisNexis® Legal Newsroom
A Reality TV Person Lies? Really…

Imagine the shock when the "star" of reality series Desperate Housewives of New Jersey found out that to lie in your bankruptcy is a federal crime and can result in having your discharge (the flushing of all the debts) denied altogether. A court-appointed trustee has accused the bankrupt...

"Undue Hardship" Under Section 523(a)(8): Can the Debtor's Student Loans Be Discharged?

Section 523(a)(8) contains a presumption that qualified student loans will not be discharged, and although the presumption can be overcome by a debtor who shows "undue hardship," bankruptcy courts often seek to have debtors take advantage of federal programs to delay payment, rather than...