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H.R. 4907

Private Student Loan Bankruptcy Fairness Act of 2019

Private Student Loan Bankruptcy Fairness Act of 2019 [sic]

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.

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

Rep. Cohen, Steve [D-TN-9](D-TN)Sponsor
2 cosponsors2 D
2cosponsors1committees4actions3subjects
  1. Committee

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

    Administrative State, Regulatory Reform, and Antitrust Subcommittee
  2. IntroReferralH11100

    Referred to the House Committee on the Judiciary.

    Judiciary Committee
  3. IntroReferralIntro-H

    Introduced in House

  4. IntroReferral1000

    Introduced in House

Private Student Loan Bankruptcy Fairness Act of 2019 — Informed