H.R. 2527 · 115th Congress
Private Student Loan Bankruptcy Fairness Act of 2017
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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CohenSponsor23 cosponsors · 23 D
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Brownley
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Conyers
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Courtney
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Davis
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DeLauro
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Deutch
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Johnson
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Jeffries
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Lee
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Meeks
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Moore
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McNerney
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Moulton
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Norton
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Pingree
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Swalwell
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Titus
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Welch
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Wilson
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Yarmuth
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Takano
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Chu
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Khanna20 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill amends the federal bankruptcy code to allow 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.
What it does: CRS summary · Introduced in House · May 18, 2017
Private Student Loan Bankruptcy Fairness Act of 2017
This bill amends the federal bankruptcy code to allow 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.
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 2017
Latest action (May 18, 2017): Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Policy area: Finance and Financial Sector · Origin: House · Introduced: May 18, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.