§62.29. Under what circumstances can the Loan Repayment Program obligation be discharged in bankruptcy?
42 C.F.R. § 62.29
Any payment obligation incurred under § 62.27 of this subpart may be released by a discharge in bankruptcy under title 11 of the United States Code only if such discharge is granted after the expiration of the five-year period beginning on the first date that payment was required, and only if the bankruptcy court finds that nondischarge of the obligation would be unconscionable.
Notes, amendments, and revision history
Authority
Authority: Sec. 215 of the Public Health Service Act, 58 Stat. 690, as amended, 63 Stat. 35 (42 U.S.C. 216); sec. 338B of the Public Health Service Act, 101 Stat. 992 (42 U.S.C. 2541-1).
Source
Source: 54 FR 13462, Apr. 3, 1989, unless otherwise noted.
Authority
Authority: Sec. 215 of the Public Health Service Act, 58 Stat. 690, as amended, 63 Stat. 35 (42 U.S.C. 216); sec. 751 of the Public Health Service Act, 90 Stat. 2281 (42 U.S.C. 294t), unless otherwise noted.
Source
Source: 45 FR 55429, Aug. 20, 1980, unless otherwise noted.