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H.R. 4907

BillFederalHouseIn Committee
Private Student Loan Bankruptcy Fairness Act of 2019
About This Bill
Committee
Latest Action · November 1, 2022
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Congress
117th (2021–2023)
Introduced
August 3, 2021
Cosponsors (2)
2D 0R
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Summary

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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.

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