H.R. 2527 · 115th Congress
Private Student Loan Bankruptcy Fairness Act of 2017
- Stage
- In committee
- Sponsor
- Steve Cohen
- Introduced
- 2017-05-18
- Latest action
- 2017-05-18 · Introduced in House
Summary
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.