[CLBS] Student Loan monies

Laura Burri lburri at ringertlaw.com
Thu Apr 10 10:00:52 MDT 2014


See 20 USC 1095a(d). I recently was able to exempt funds in a designated savings account that contained only student loan proceeds in a chapter 7. 

-----Original Message-----
From: CLBS [mailto:clbs-bounces at admws.idaho.gov] On Behalf Of Patrick J. Geile
Sent: Thursday, April 10, 2014 9:57 AM
To: 'CLBS at admws.idaho.gov'
Subject: [CLBS] Student Loan monies

I have a chapter 7 debtor who received 3K from her student loan for living expenses.  Is this either


1)      Property of the estate?

2)      Exempt?
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