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US S1414

US S1414
Student Borrower Bankruptcy Relief Act of 2019


summary

Introduced
05/09/2019
In Committee
05/09/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

A bill to provide bankruptcy relief for student borrowers. This bill permits a borrower to discharge in bankruptcy a nonprofit, government, or private student loan, or an obligation to repay an educational benefit, scholarship, or stipend.

AI Summary

This bill, the Student Borrower Bankruptcy Relief Act of 2019, aims to provide bankruptcy relief for student borrowers. It amends the Bankruptcy Code to remove the exception that currently prevents student loans (including those from nonprofit, government, or private sources, as well as educational benefits, scholarships, or stipends) from being discharged in bankruptcy. The amendments would apply only to bankruptcy cases filed on or after the date the bill is enacted.

Committee Categories

Justice

Sponsors (22)

Last Action

Read twice and referred to the Committee on the Judiciary. (on 05/09/2019)

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