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    Although not, Bankruptcy proceeding Process of law is separated on what constitutes “funding” that loan program

    Although not, Bankruptcy proceeding Process of law is separated on what constitutes “funding” that loan program The initial part of this around three-area blog post centers on Part 523 (a)(8)(A)(i). The next and you may third markets speak about Point 523 (a)(8)(A)(ii) and you may Section 523 (a)(8)(B), correspondingly. These differences indicate that individual student loans is actually excepted of launch in next condition out of AI (rather than the first term) if: (1) the borrowed funds was developed around good “mortgage system” and you may (2) the application form try “funded” because of the a non-funds place Section 523 (a)(8)(A)(i) (hereinafter “AI”) is the first sub-section of Section 523…