Bill118th CongressFiled Jan 9, 2023Finance and Financial Sector
H.R. 138
Private Student Loan Bankruptcy Fairness Act of 2023
Bill journey · stage 2 of 5
Under committee review
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CommitteeComm.
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Both ChambersBoth
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What it doesSummary introduced in house (Jan 9, 2023)
Private Student Loan Bankruptcy Fairness Act of 2023
This bill modifies the treatment of certain student loans in bankruptcy.
Specifically, it allows private student 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.
What just happenedJan 9, 2023
Referred to the House Committee on the Judiciary.
Who’s behind it
Rep. Cohen, Steve [D-TN-9](D-TN)Sponsor
5 cosponsors5 D
5cosponsors1committees3actions3subjects
- Introduced in HouseJan 9, 2023
- Jan 9, 2023IntroReferralH11100
Referred to the House Committee on the Judiciary.
Judiciary Committee - Jan 9, 2023IntroReferralIntro-H
Introduced in House
- Jan 9, 2023IntroReferral1000
Introduced in House