HR 9931 United States House · 118th Congress

Student Borrower Bankruptcy Relief Act of 2024

This bill removes a key barrier preventing student loan debt from being discharged in bankruptcy. It amends the U.S. Bankruptcy Code by eliminating the exception that previously made most federal student loans non-dischargeable, meaning borrowers could not erase this debt through bankruptcy proceedings. The change applies only to bankruptcy cases filed on or after the bill's enactment date, affecting new cases where student loan borrowers may now seek relief. This is a procedural change to bankruptcy law, not a direct loan forgiveness or repayment program.
Bill status in committee 1 of 4 stages cleared
Introduction
Oct 2024
Committee Review
Floor Vote
President
Introduced Oct 4, 2024 Last action Oct 4, 2024