{"bill":{"id":"119-hr-423","congress":119,"type":"HR","number":423,"title":"Private Student Loan Bankruptcy Fairness Act of 2025","originChamber":"House","introducedDate":"2025-01-15","sponsors":[{"bioguideId":"C001068","fullName":"Rep. Cohen, Steve [D-TN-9]","party":"D","state":"TN","district":9}],"cosponsorsCount":5,"latestAction":{"actionDate":"2025-01-15","text":"Referred to the House Committee on the Judiciary."},"policyArea":"Finance and Financial Sector","subjects":[],"actions":[{"date":"2025-01-15","text":"Referred to the House Committee on the Judiciary.","type":"IntroReferral","chamber":"House floor actions","hasVote":false},{"date":"2025-01-15","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false},{"date":"2025-01-15","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false}],"summary":"<p><strong>Private Student Loan Bankruptcy Fairness Act of 2025 </strong></p><p>This bill modifies the treatment of certain student loans in bankruptcy.</p><p>Specifically, it allows&nbsp;private student loans to be discharged in bankruptcy&nbsp;regardless of whether&nbsp;a debtor&nbsp;demonstrates&nbsp;undue hardship.&nbsp;Under current law,&nbsp;student loans may be discharged in bankruptcy only if the loans impose an undue hardship on the debtor.</p>","updateDate":"2026-07-18T00:05:59Z"},"markets":[],"stateBills":[],"meta":{"sources":["congress.gov"],"latencyMs":8002,"ts":"2026-08-28T07:05:16.831Z"},"nextActions":{"inspect":[],"related":[{"description":"Search related legislation","method":"GET","url":"https://simplefunctions.dev/api/public/query-gov?q=Private%20Student%20Loan%20Bankruptcy%20Fairness%20Act%20of%202025"}]}}