HOUSE 885116th CongressReferred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Private Student Loan Bankruptcy Fairness Act of 2019
- Last Action
- 3/25/2019
Actions
- 2019-03-25Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
- 2019-01-30Referred to the House Committee on the Judiciary.
- 2019-01-30Sponsor introductory remarks on measure. (CR E110-111)
- 2019-01-30Introduced in House
- 2019-01-30Introduced in House
CRS Summary
As of 2019-01-30 (00)
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.
Cosponsors (14)
- Joe Courtney (D-CT)
- DANNY DAVIS (D-IL)
- Henry Johnson (D-GA)
- Jerry McNerney (D-CA)
- Gwen Moore (D-WI)
- ELEANOR NORTON (D-DC)
- Eric Swalwell (D-CA)
- Dina Titus (D-NV)
- Peter Welch (D-VT)
- John Yarmuth (D-KY)
- Jahana Hayes (D-CT)
- Chellie Pingree (D-ME)
- Harley Rouda (D-CA)
- Karen Bass (D-CA)
Subjects
- Bankruptcy
- Higher education
- Student aid and college costs
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.