HR 2527
115th Congress
House
Finance and Financial Sector
Bankruptcy
Higher education
Student aid and college costs
Private Student Loan Bankruptcy Fairness Act of 2017
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 18, 2017
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
May 18, 2017
Referred to the House Committee on the Judiciary.
May 18, 2017
Sponsor introductory remarks on measure. (CR E661-662)
May 18, 2017
Introduced in House
Plain-English 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.
What's happening now
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Committees of jurisdiction
2