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- S.1561
S.1561: A bill to amend title 11, United States Code, with respect to exceptions to discharge in bankruptcy for certain qualified educational loans.
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about education
- Introduced June 7, 2007
- Latest Major Action June 7, 2007
Bill Sponsor
Bill Summary
Revises federal bankruptcy law with respect to the exemption from the exception to discharge in bankruptcy for certain educational loans if excepting such debt from discharge would impose an undue hardship on the debtor and debtor's dependents. Limits such exemption to the existing ones for: (1) an educational benefit overpayment or loan made, insured, or guaranteed by a governmental unit; and (2) an obligation to repay funds received from a...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on the Judiciary.
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| June 7, 2007 |
Introduced in the Senate by Richard J. Durbin (D-Ill.) |