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Congressman Introduces Bill to Render Student Loans Dischargeable in Bankruptcy

Posted on January 26, 2015 by Stephen Otto • 0 Comments

Rep. John K. Delaney, D-Md., introduced the Discharge Student Loans in Bankruptcy Act (H.R. 449). In its current state, the Bankruptcy Code’s treatment of student loan debts places the Debtor and the Trustee in an awkward position.  Subject to certain very narrow exceptions, student loan obligations are legally non-dischargeable.  When a debt is non-dischargeable, it… Continue Reading

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