Conway v. National Collegiate Trust (In Re Conway)

National Collegiate Trust (NCT) appeals from the judgment of the Bankruptcy Appellate Panel (BAP) reversing the Bankruptcy Court’s determination that debtor Chelsea Conway had reasonably reliable future financial resources with which to pay her entire student loan debt to NTC. Reviewing the Bankruptcy Court’s finding of facts for clear error and its conclusion of law de novo, the BAP determined that excepting from discharge all of Conway’s obligations to NTC would impose an “undue hardship” under 11 U.S.C. § 528(a)(8). But the BAP remanded for a separate “undue hardship” discharge analysis of…