Code of Federal Regulations · Section

§ 62.29 — Under What Circumstances Can The Loan Repayment Program Obligation Be Discharged In Bankruptcy?

42 C.F.R. § 62.29

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Any payment obligation incurred under § 62.27 of this subpart may be released by a discharge in bankruptcy under title 11 of the United States Code only if such discharge is granted after the expiration of the five-year period beginning on the first date that payment was required, and only if the bankruptcy court finds that nondischarge of the obligation would be unconscionable.