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H.R. 1674

Private Student Loan Bankruptcy Fairness Act of 2015

Private Student Loan Bankruptcy Fairness Act of 2015

Amends the federal bankruptcy code to limit the non-dischargeability, except in cases of undue hardship, of educational loans to those made, insured, or guaranteed by a governmental unit, or made under any program funded by a governmental unit or any program for which substantially all of the funds are provided by a nonprofit institution (thus allowing the discharge of private educational loan indebtedness without the need to show an undue hardship).

Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

Rep. Cohen, Steve [D-TN-9](D-TN)Sponsor
41 cosponsors41 D
41cosponsors1committees5actions1related bills3subjects
  1. Committee

    Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

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

    Referred to the House Committee on the Judiciary.

    Judiciary Committee
  3. IntroReferralB00100

    Sponsor introductory remarks on measure. (CR E446)

  4. IntroReferralIntro-H

    Introduced in House

  5. IntroReferral1000

    Introduced in House

Private Student Loan Bankruptcy Fairness Act of 2015 — Informed