RE: Bankruptcy

Great question! I'd be interested in seeing the responses. In the
past, if an employer refused to pay after giving us an authorization to
bill, we billed the student and held future registrations and
transcripts until the account was paid in full. ..........pat
 
Patricia J. Clark
Bursar
Student Accounts Office
Broome Community College
PO Box 1017
Binghamton, NY 13901-1017

Phone: (607) 778-5286
Fax: (607) 778-5536

email: clark_p@sunybroome.edu

________________________________

From: bursar-l-bounces@list.mail.Virginia.EDU
[mailto:bursar-l-bounces@list.mail.Virginia.EDU] On Behalf Of Deb
Brondsema
Sent: Tuesday, November 08, 2005 8:28 AM
To: sucha@duq.edu; bursar-l@Virginia.edu
Cc: Bill Minor; Michael Sleva
Subject: Bankruptcy

Here is a hypothetical question ....

A student registers for classes with an authorization to bill a business
for the cost of the student's tuition & fees. That business then files
bankruptcy and lists the University as a creditor. Is the University
required to write off the students tuition & fees charges?
 
If there is a paragraph on the registration form the student signs that
states "... student is responsible for all costs associated with
semester charges ..." - would we be required to write off the tuition &
fee charges?
 
Please respond to the list. Thanks for your time.
 
Deb Brondsema
General Accounting Manager
Davenport University
 
 
 
 
 
 
Received on Tue Nov 8 11:56:59 2005