Bill Detail
H.R. 423
Congress: 119
Title
Private Student Loan Bankruptcy Fairness Act of 2025
Summary
Private Student Loan Bankruptcy Fairness Act of 2025 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.
Sponsor
Rep. Steve Cohen [D-TN-9]
Status
Referred to the House Committee on the Judiciary.
Status as of Jul 23, 5:51 PM · synced 1h ago
Introduced
2025-01-15
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Bill Engagement
Private Student Loan Bankruptcy Fairness Act of 2025 This bill modifies the treatment of certain student loans in bankruptcy.