HR 138 · 118th Congress · Finance and Financial Sector

Private Student Loan Bankruptcy Fairness Act of 2023

Introduced 2023-01-09· Sponsored by Rep. Cohen, Steve [D-TN-9]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on the Judiciary.(2023-01-09)

Plain Language Summary

[AI summary unavailable — showing source text] Private Student Loan Bankruptcy Fairness Act of 2023 This bill modifies the treatment of certain student loans in bankruptcy. Specifically, it allows private student 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (5)

5 Democrats