HR 3451 · 114th Congress · Finance and Financial Sector
Student Loan Bankruptcy Parity Act of 2015
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.(2015-09-28)
Plain Language Summary
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Student Loan Bankruptcy Parity Act of 2015 This bill amends the federal bankruptcy code to eliminate the provision that makes certain education debts non-dischargeable in bankruptcy unless repayment imposes an undue hardship. Specifically it permits a borrower to discharge in bankruptcy a nonprofit, government, or private student loan, or an obligation to repay an educational benefit, scholarship, or stipend.…
Summarized by Claude AI · Non-partisan · For informational purposes only