U.S. Congress - S.3219 Fairness for Struggling Students Act of 2010
S.3219 - Fairness for Struggling Students Act of 2010
A bill to amend title 11, United States Code, with respect to certain exceptions to discharge in bankruptcy. view all titles (2)
All Bill Titles
- Official: A bill to amend title 11, United States Code, with respect to certain exceptions to discharge in bankruptcy. as introduced.
- Short: Fairness for Struggling Students Act of 2010 as introduced.
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Official Summary
4/15/2010--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 exemptOfficial Summary
4/15/2010--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 exemption to the existing ones for:(1) an educational benefit overpayment or loan made, insured, or guaranteed by a governmental unit or made under any program funded in whole or in part by a governmental unit; and
(2) an obligation to repay funds received from a governmental unit as an educational benefit, scholarship, or stipend. Repeals the current exemption for:
(1) any loan made under any program funded in whole or in part by a governmental unit or nonprofit institution; and
(2) any other qualified education loan incurred by an individual debtor on behalf of the taxpayer, the taxpayer's spouse, or any dependent, including indebtedness used to refinance a qualified education loan. (Thus makes both kinds of loans nondischargeable in bankruptcy.)
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Recent Blog Coverage
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Private Student Loans | Private Student Loan Crisis Growing And ...
Fourth, Congress should strongly consider passing HR 5043 ” “Private Student Loan Bankruptcy Fairness Act of 2010 (D-Steve Cohen) and S.3219 ” “Fairness for Struggling Students Act of 2010″ (D-Richard Durbin) both of which will allow ...
Student Loan Debt Bubble? | Cloudcj's Blog
Fourth, Congress should strongly consider passing HR 5043 – “Private Student Loan Bankruptcy Fairness Act of 2010 (D-Steve Cohen) and S.3219 – “Fairness for Struggling Students Act of 2010” (D-Richard Durbin) both of which will allow ...
S.Res.692: A resolution congratulating the San Francisco Giants on ...
S.3219 Fairness for Struggli... 1 · S.3281 Student Loan Forgiven... 1 · H.R.4834 Student Debt Reductio... 1 · H.R.5043 Private Student Loan ... 1 · H.R.4574 Student Loan Interest. ...
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