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· 11/29/1995

A.L. Lee Memorial Hospital v. McFadyen (In Re McFadyen)

Citations

  • 192 B.R. 328
  • 1995 WL 791283

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • holding loan was inextricably tied to debtor’s employment and was therefore not for educational purposes
  • “The courts generally ascribe a business purpose, 15 rather than a personal, family or household purpose to debts 16 which are incurred ‘with an eye toward profit’ and which are 17 ‘motivated for ongoing business requirements.’”

Source: CourtListener parenthetical corpus (CC0).

Judges: Stephen D. Gerling

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.