RE: Bankruptcy

Ultimately, it's still the student's responsibility to pay, no matter
whom h/she directs the billing to - parent, company, etc. We accept
employer's authorizations to bill, but it's still the student's account,
no matter who pays or doesn't pay. Employers have been known to go out
of business, refuse to pay due to poor grades, the student may be fired
or quit - any number of variables. You're extending credit to the
student, not the employer, in this case, so I would disregard the
bankruptcy and go after the student. You could always have your
attorney file a request with the Bankruptcy Court to determine
dischargeability, but I don't think that's necessary.

Judy Ralph

Student Accts Manager

Otterbein College

Westerville, OH

________________________________

From: bursar-l-bounces@list.mail.Virginia.EDU
[mailto:bursar-l-bounces@list.mail.Virginia.EDU] On Behalf Of Clark,
Patricia
Sent: Tuesday, November 08, 2005 10:04 AM
To: Deb Brondsema; sucha@duq.edu; bursar-l@Virginia.edu
Cc: Bill Minor; Michael Sleva
Subject: 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 12:16:18 2005