H.R.4907: Private Student Loan Bankruptcy Fairness Act of 2019

About This Bill

Bill Cosponsors

2 (All Democrats)

Bill Version

Bill Summary

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.

(Source: Library of Congress)

Bill Actions

Date Description
Nov. 1, 2022
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Aug. 3, 2021
Referred to the House Committee on the Judiciary.
Aug. 3, 2021

Introduced in the House by Steve Cohen (D-Tenn.)

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