Educational Credit Management Corp. v. Young

How courts have described this case

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

• finding the debtor’s monthly contribution to 401(k) to be “incompatible with the undue hardship standard Congress chose to apply to discharges of student loans
• discussing how a contribution to a retirement plan was incompatible with the undue hardship standard Congress chose to apply to student loan discharges
• debtor had not maximized his income, despite being employed, because he failed to obtain a Texas law license
• debtor had not maximized his income, despite being employed, because he failed to obtain a Texas law license
• “Though the Fifth Circuit Court of Appeals has not weighed in on the issue, the other circuit courts that have done so have all agreed that a finding of undue hardship necessarily precedes the bankruptcy court’s exercise of its equitable powers.”

Source: CourtListener parenthetical corpus (CC0).