RE: Bankruptcy

Hi Deb,

In my opinion, I liken this situation to one where the parent of a
student declares bankruptcy. The bill is still in the student's name so
we would pursue the student.

Susie Jacobs
Manager, Student Loans and Debt Management
Bursar's Office
University of Colorado at Boulder
Email: suzanne.jacobs@colorado.edu
Phone: 303-492-5165
Fax: 303-492-1017
http://bursar.colorado.edu/SDMinfo.htm

This email message, including any attachment(s), is intended only for
the use of the individual or entity to which it is addressed and may
contain information that is privileged, confidential, and protected from
disclosure under applicable law. If the reader of this message is not
the intended recipient, you are hereby notified that any dissemination,
distribution, copying or action taken in reliance with this email is
strictly prohibited. If you have received this in error, please contact
the sender immediately and delete the material from any computer.

________________________________

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 6:28 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 12:57:56 2005