From: McCue, Cathy (CMcCue@iona.edu)
Date: Thu Sep 20 2001 - 15:07:33 EDT
Cathy,
In response to both of your questions, the only reason that we place "holds"
on student's transcripts or registrations is if they have a balance owed to
the school. With a bankruptcy, the court has forgiven the debt, so nothing
is owed. I don't believe that we can legally collect the money or still
make the student responsible once this has happened. Therefore, we really
have no reason (or right?) to keep a hold on.
I DO require a copy of the Discharge of Bankruptcy to write-off the account.
Cathy J. McCue
Bursar
Iona College
New Rochelle, NY
-----Original Message-----
From: cathy foland
To: bursar-l@virginia.edu
Sent: 9/19/01 5:40 PM
Subject: Bankruptcy
I am interested in finding out what other schools do with students who
owe past due debt and who declare bankruptcy.
1. Do you release transcripts to students whose accounts are in
bankruptcy? What if a "hold" was already in place to block the release
of a transcript to the student before the notice of bankruptcy was
received?
2. Do you permit students whose accounts are in bankruptcy to register
for classes? What if a "hold" was already in place to block the student
from registering before the notice of bankruptcy was received?
Thanks to all who respond!
-- Cathy Foland Associate Bursar Office of the Bursar Southern Illinois University Edwardsville Phone: (618) 650-3131 Fax: (618) 650-2971 Email: cfoland@siue.edu
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