Posts Tagged 'trustee'

Bankruptcy Trustees going after Paid College Tuition

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Tuition recovery lawsuits are a growing trend and an example of creative use of fraudulent transfer law.

According to the article in the Wall Street Journal:

Tuition recovery lawsuits are a new phenomenon. Historically, tuition payments were so small that a court-appointed trustee wouldn’t waste time pursuing them. But as college costs rise and more parents chip in to help their kids, bankruptcy experts predict more of these lawsuits to come.

Why are trustees going ...

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