House Bill 2527
115th Congress(2017-2018)
Private Student Loan Bankruptcy Fairness Act of 2017
Introduced
Introduced in House on May 18, 2017
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2527
Congress
115
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
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.
May 18, 2017
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05/18/2017
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
05/18/2017
Referred to the House Committee on the Judiciary.
05/18/2017
Sponsor introductory remarks on measure. (CR E661-662)
05/18/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:36:43 PM