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S.1561

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A bill to amend title 11, United States Code, with respect to exceptions to discharge in bankruptcy for certain qualified educational loans.

Other Bill Titles (1 more)

6/7/2007--Introduced.
Revises federal bankruptcy law with respect to the exemption from the exception to discharge in bankruptcy for certain educational loans if excepting such debt from discharge would impose an undue hardship on the debtor and debtor's dependents. Limits such ex... moreSee Full Bill Text

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IntroducedresultVoted on by SenateresultVoted on by HouseresultConsidered By PresidentresultBill Becomes Law
June 07, 2007
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February 23, 2008 What the Foreclosure Mess Tells Us About Private Student Loan ...

The House passed an education bill, but without a proposed amendment that would have made private student loans dischargeable in bankruptcy, as they were before October 2005, was voted down. A Senate bill (S.1561) sponsored by Dick ...

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Source: Consumer Law - Justia BlawgSearch.com


February 23, 2008 What the Foreclosure Mess Tells Us About Private Student Loan ...

A Senate bill (S.1561) sponsored by Dick Durbin (D-Ill.) that proposes making the private loans dischargeable is still in committee. (For a discussion of the legislation see here.) The argument against dischargeability that private ...

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Source: Credit Slips


February 23, 2008 What the Foreclosure Mess Tells Us About Private Student Loan ...

A Senate bill (S.1561) sponsored by Dick Durbin (D-Ill.) that proposes making the private loans dischargeable is still in committee. (For a discussion of the legislation see here.) The argument against dischargeability that private ...

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Source: The Bankruptcy Lawyers


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