H.R. 4907 · 117th Congress
Private Student Loan Bankruptcy Fairness Act of 2019
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
CohenSponsor2 cosponsors · 2 D
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill modifies the treatment of certain student loans in bankruptcy.
What it does: CRS summary · Introduced in House · Aug 3, 2021
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.
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 2019
Latest action (Nov 1, 2022): Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Aug 3, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.