Code of Federal Regulations · Section

§ 68b.10 — b.10 When Can A Scholarship Program Payment Obligation Be Discharged In Bankruptcy?

42 C.F.R. § 68b.10

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Any payment obligation incurred under § 68b.9 may be discharged in bankruptcy under Title 11 of the United States Code only if such discharge is granted after the expiration of the seven-year period beginning on the first date that payment is required and only if the bankruptcy court finds that a nondischarge of the obligation would be unconscionable.

Authorizing Statute

No authorizing statute found.