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Lewis, In re--Eisenberg v. Pa. State Univ.

Lewis, In re--Eisenberg v. Pa. State Univ.

Ruling
Trustee could not recover funds from Pennsylvania State University as the proceeds of the Parent Plus loans were never in the debtor's property, were never in his possession or control, and were never remotely available to pay the creditors. (Bankr. E.D. Pa.)
Issue(s)
Fraudulent Transfers and Obligations; Elements of Fraudulent Transfers; Avoidable Transfers.

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Consumer opinion summary, case decided on April 07, 2017 , LexisNexis #0517-055