HR. 423In Committee
Private Student Loan Bankruptcy Fairness Act of 2025
Allows private student loans to be discharged in bankruptcy without requiring debtors to prove undue hardship
Plain-English overview
What this bill does
Allows private student loans to be discharged in bankruptcy without requiring debtors to prove undue hardship
Key points
- Allow private loan discharge
Current status
Where it stands
Status
In Committee
Latest action
2025-01-15 — Referred to the House Committee on the Judiciary.
Related context
Topics and policy areas
undefinedFinance and Financial Sector