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H.R. 2028 · 112th Congress

Private Student Loan Bankruptcy Fairness Act of 2011

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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

SCD CohenSponsor
46 cosponsors · 46 D

Private Student Loan Bankruptcy Fairness Act of 2011 - 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…

What it does: CRS summary · Introduced in House · May 26, 2011

Private Student Loan Bankruptcy Fairness Act of 2011 - 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).

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Private Student Loan Bankruptcy Fairness Act of 2011

Latest action (Jul 11, 2011): Referred to the Subcommittee on Courts, Commercial and Administrative Law.

Policy area: Finance and Financial Sector · Origin: House · Introduced: May 26, 2011

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.