arrow_back Back to App

Student Loan Debt Relief: New Bankruptcy Rules.

This act makes it easier for students to declare bankruptcy to discharge student loan debts. This means that after its enactment, student debts can be treated like other debts in bankruptcy proceedings, potentially helping individuals struggling with repayment.
Key points
Student loans can now be discharged in bankruptcy proceedings, similar to other types of debt.
The changes apply to bankruptcy cases filed on or after the law's effective date.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_9110
Sponsor: Rep. Nadler, Jerrold [D-NY-10]
Process start date: 2022-09-30