Business
Business, 10.03.2020 06:45, axelgonzalez9999

Discharge in BankruptcyLike many students, Barbara Hann financed her education partially through loans. These loans included three federally insured Stafford Loans of $7,500 each ($22,500 in total). Hann believed that she had repaid the loans, but later, when she filed a Chapter 13 petition, Educational Credit Management Corp. (ECMC) filed an unsecured proof of claim based on the loans. Hann objected. At a hearing at which ECMC failed to appear, Hann submitted correspondence from the lender that indicated the loans had been paid. The court entered an order sustaining Hann’s objection. Despite the order, can ECMC resume its effort to collect on Hann’s loans?1. The alleged creditor in this case is2. The alleged debtor in this case is3. A Chapter 13 bankruptcy filing is for.4. To be entitled to receive payments from the debtor’s estate, a creditor must file a.5. In this case, ECMC filed a(n)proof of claim.6. Student loans generallydischargeable in bankruptcy.7. Hann submitted an objection to ECMC’s proof of claim and included evidence that the company had told her the loansbeen paid.8. The court entered an orderHann’s claim andECMC’s claim.9. Based on the court’s order, ECMCresume its effort to collect on Hann’s loans.

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Discharge in BankruptcyLike many students, Barbara Hann financed her education partially through loa...

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