Banks v. Sallie Mae Servicing Corp. (In Re Banks)

MEMORANDUM OPINION

WILLIAM E. ANDERSON, Bankruptcy Judge.

This matter came upon the adversary proceeding filed by the Debtor, Christopher P. Banks (“Mr. Banks”) against Sallie Mae Servicing Corp. (“Sallie Mae”). Educational Credit Management Corporation (“ECMC”) was joined as a defendant. The Complaint seeks a declaratory judgment to determine the liability and dis-chargeability of a student loan debt. ECMC has filed a counterclaim seeking to determine that the student loan post-petition interest is nondischargeable. The parties agreed to dispose with oral arguments and have this Court rule on…