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Private Student Loan Bankruptcy Fairness Act of 2023

USA118th CongressHR-138| House 
| Updated: 1/9/2023
Steve Cohen

Steve Cohen

Democratic Representative

Tennessee

Cosponsors (5)
Eric Swalwell (Democratic)Danny K. Davis (Democratic)Ro Khanna (Democratic)Julia Brownley (Democratic)Gwen Moore (Democratic)

Judiciary Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline

Bill from Previous Congress

HR 116-885
Private Student Loan Bankruptcy Fairness Act of 2019

Bill from Previous Congress

HR 117-4907
Private Student Loan Bankruptcy Fairness Act of 2019
Jan 9, 2023
Introduced in House
Jan 9, 2023
Referred to the House Committee on the Judiciary.
  • Bill from Previous Congress

    HR 116-885
    Private Student Loan Bankruptcy Fairness Act of 2019


  • Bill from Previous Congress

    HR 117-4907
    Private Student Loan Bankruptcy Fairness Act of 2019


  • January 9, 2023
    Introduced in House


  • January 9, 2023
    Referred to the House Committee on the Judiciary.

Finance and Financial Sector

BankruptcyHigher educationStudent aid and college costs

Private Student Loan Bankruptcy Fairness Act of 2023

USA118th CongressHR-138| House 
| Updated: 1/9/2023
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-885
Private Student Loan Bankruptcy Fairness Act of 2019

Bill from Previous Congress

HR 117-4907
Private Student Loan Bankruptcy Fairness Act of 2019
Jan 9, 2023
Introduced in House
Jan 9, 2023
Referred to the House Committee on the Judiciary.
  • Bill from Previous Congress

    HR 116-885
    Private Student Loan Bankruptcy Fairness Act of 2019


  • Bill from Previous Congress

    HR 117-4907
    Private Student Loan Bankruptcy Fairness Act of 2019


  • January 9, 2023
    Introduced in House


  • January 9, 2023
    Referred to the House Committee on the Judiciary.
Steve Cohen

Steve Cohen

Democratic Representative

Tennessee

Cosponsors (5)
Eric Swalwell (Democratic)Danny K. Davis (Democratic)Ro Khanna (Democratic)Julia Brownley (Democratic)Gwen Moore (Democratic)

Judiciary Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
BankruptcyHigher educationStudent aid and college costs