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United States · Bill · HR

H.R. 885 (116th)

Private Student Loan Bankruptcy Fairness Act of 2019

referredUnited States· United States Congress· EN

Introduced

30 January 2019

Last action

Status

Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Private Student Loan Bankruptcy Fairness Act of 2019 This bill modifies the treatment of certain student loans in bankruptcy. Specifically it allows private education loans to be discharged in bankruptcy regardless of whether a debtor demonstrates undue hardship. Under current law, student loans may be discharged in bankruptcy only if the loans impose an undue hardship on the debtor.

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Documents

3 official files

Introduced in House (text)

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