Texas Bankruptcy Court Rules that Student Loans Qualify as Business Debts for Chapter 7 Eligibility Purposes

Summary:  On December 6, 2013, the court in In re Cunae, United States Bankruptcy Court for the Southern District of Texas, Case No. 12037424, denied the US Trustee’s motion to dismiss a Chapter 7 petition under §707(b) for substantial abuse on the basis that the debtor’s debts were primarily consumer debts.  The debts at issue… Continue reading Texas Bankruptcy Court Rules that Student Loans Qualify as Business Debts for Chapter 7 Eligibility Purposes