H.R. 885
Referred to CommitteePrivate Student Loan Bankruptcy Fairness Act of 2019
Latest Action
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
3/25/2019 • House
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.
Introduced in House • 1/30/2019
Topics & Subjects
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Related Federal Spending
Sponsor & Cosponsors (15)
Party Breakdown
Sponsor
Cosponsors (14)
Bill Journey
Originated in the House
Introduced
January 30, 2019
Referred to the House Committee on the Judiciary.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law