118th Congress · HOUSE BILLBILL

H.R. 138Private Student Loan Bankruptcy Fairness Act of 2023

To amend title 11 of the United States Code to modify the dischargeability of debts for certain educational payments and loans.

Finance and financial sector
Introduced Jan 9, 2023
Last action Jan 9, 2023
Pipeline · Bill → Law
Step 1
Introduced
Jan 9, 2023
Step 2
Referred
Jan 9, 2023
Judiciary
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

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.

Provisions · 3 sectionsIntroduced in House
Timeline · 2 actions
Jan 9, 2023
Introduced in House
Jan 9, 2023
Referred to the House Committee on the Judiciary.