Bereaved Borrowers' Bill of Rights Act of 2014

Summary

Bereaved Borrowers' Bill of Rights Act of 2014 - Amends the Truth in Lending Act to require a private educational lender to include in a private education loan for which the cosigner is jointly liable a process for releasing the cosigner from obligations on such loan. Requires a lender who receives notification of the death or bankruptcy of a cosigner who is jointly liable for the loan to notify the borrower about the borrower's rights under the loan agreement regarding: (1) release of the cosigner, and (2) identification of a new cosigner or refinancing of the loan. Amends the Fair Credit Reporting Act to prohibit: (1) consumer reporting agencies from containing in any consumer report default on a private education loan that results from accelerated repayment terms of the loan after the death or bankruptcy of a jointly liable cosigner, and (2) the lender or servicer of a private educational loan from furnishing loan information to a consumer reporting agency if the consumer defaulted on the loan due to accelerated repayment terms after the death or bankruptcy of such a cosigner.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 9 May 2014

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 9 May 2014

   Introduced

   Introduced in House

   Source: IntroReferral

3. 9 May 2014

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 9 May 2014 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 9 May 2014

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 9 May 2014

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 9 May 2014

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Larsen, Rick [D-WA-2] · D · Sponsor
• Del. Norton, Eleanor Holmes [D-DC-At Large] · D · Sponsor
• Rep. Tsongas, Niki [D-MA-3] · D · Sponsor
• Rep. DelBene, Suzan K. [D-WA-1] · D · Sponsor
• Rescom. Pierluisi, Pedro R. [D-PR-At Large] · D · Sponsor
• Rep. Heck, Denny [D-WA-10] · D · Sponsor
• Rep. Carson, André [D-IN-7] · D · Sponsor
• Rep. Enyart, William L. [D-IL-12] · D · Sponsor
• Sen. Welch, Peter [D-VT] · D · Sponsor
• Rep. Moran, James P. [D-VA-8] · D · Sponsor
• Rep. Brown, Corrine [D-FL-5] · D · Cosponsor
• Rep. Lee, Barbara [D-CA-12] · D · Cosponsor
• Rep. Conyers, John, Jr. [D-MI-13] · D · Cosponsor
• Rep. Jackson Lee, Sheila [D-TX-18] · D · Cosponsor
• Rep. Rush, Bobby L. [D-IL-1] · D · Cosponsor
• Rep. Butterfield, G. K. [D-NC-1] · D · Cosponsor
• Rep. Schneider, Bradley Scott [D-IL-10] · D · Cosponsor
• Rep. Cohen, Steve [D-TN-9] · D · Cosponsor
• Rep. Wilson, Frederica S. [D-FL-24] · D · Cosponsor
• Rep. Castor, Kathy [D-FL-14] · D · Cosponsor
• Rep. Perlmutter, Ed [D-CO-7] · D · Cosponsor
• Rep. Rangel, Charles B. [D-NY-15] · D · Cosponsor
• Rep. Meeks, Gregory W. [D-NY-5] · D · Cosponsor
• Rep. DeLauro, Rosa L. [D-CT-3] · D · Cosponsor
• · hsba00 · Standing

Related records

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