IANAL but I sounds like it would depend on what "use that degree" means. Applying to a position that requires that degree? That seems a clear violation. Mention

IANAL but I sounds like it would depend on what "use that degree" means. Applying to a position that requires that degree? That seems a clear violation. Mentioning on your CV that your degree was revoked due to bankruptcy? That's not exactly claiming you have a degree, and it's definitely not a lie in any form. Can the government really prevent you from telling the truth about your education? I suspect most companies wouldn't really care if your degree was revoked or not (unless it was revoked for cheating or other non financial reasons)