Administrative/Regulatory,
Bankruptcy,
Law Practice
Dec. 9, 2015
It is time to reexamine student loan debt
If the Supreme Court chooses to hear Tetzlaff, it will be the first time since 2010 that the court has addressed student loan dischargeability.
In February 2012, 54-year-old Mark Tetzlaff commenced a Chapter 7 bankruptcy case. He had approximately $260,000 in student loan debt and lived with his 85-year-old mother. He and his mother both subsisted on her Social Security payments, as Tetzlaff had been unable to secure steady employment for many years. He was also unable to pass the bar exam, further impeding his efforts to pay back his loans. And over the years he had also struggled with depression.
In July 2012, Tetzlaff f...
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