Paul L. Caron
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Tuesday, October 31, 2017

Lawyer Who Blamed Ethics Case On Mother Can't Discharge $500k In Student Loans

ABA Journal, Lawyer Who Blamed Ethics Case on Mother Can't Discharge $500k in Student Debt, Federal Judge Rules:

An Illinois lawyer who claimed his license suspension made it impossible to find appropriate work isn’t entitled to discharge student debt totaling more than $500,000, a Chicago federal judge has ruled.

U.S. District Judge Rebecca Pallmeyer ruled late last month against lawyer Donald Rosen, who was suspended from practice for at least three years after allegedly misappropriating over $85,000 in client funds, the Cook County Record reports.

Pallmeyer affirmed a bankruptcy court’s ruling against Rosen, who had paid only about $11,000 in student debt over 37 years. Rosen, 63, is a certified public accountant who has two master’s degrees along with a JD he earned in 2001. He was 50 when admitted to the Illinois bar in 2003.

https://taxprof.typepad.com/taxprof_blog/2017/10/lawyer-who-blamed-ethics-case-on-mother-cant-discharge-500k-in-student-loans.html

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Comments

Can't he pay that out of his million dollar premium?

Posted by: Unemployed Northeastern | Oct 31, 2017 1:08:12 PM