§ 68c.14 - When can a CIR-LRP payment obligation be discharged in bankruptcy?  


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  • Any payment obligation incurred under §68c.12 may be discharged in bankruptcy under Title 11 of the United States Code only if such discharge is granted after the expiration of the five-year period beginning on the first date that payment is required and only if the bankruptcy court finds that a nondischarge of the obligation would be unconscionable.