Sallie Mae Servicing Corp. v. Ransom (In re Ransom)
Dec
27
2005
Ruling
Panel rejected that a confirmed plan could preclude a student loan lender from recovering postpetition interest on a student loan debt and thus discharge the interest obligation without conducting an undue hardship hearing.
Procedural posture
Appellant, a student loan lender, sought review of a decision of the bankruptcy court, which determined that appellee debtor was not obligated under the confirmed chapter 13 plan to pay accrued interest charged by the lender as part of her student loan obligation.
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