Revises federal bankruptcy law with respect to the exemption from the exception to discharge in bankruptcy for certain educational loans if…
S. 1561110th Congress

Revises federal bankruptcy law with respect to the exemption from the exception to discharge in bankruptcy for certain educational loans if…

Introduced in the SenateSen. Richard Durbin (D-IL)1 section · 1 min read
Version: Introduced in Senate · Jun 7, 2007

Section 1. Discharge in bankruptcy for certain educational loans

Section 523(a)(8) of title 11, United States Code, is amended by striking dependents, for and all that follows through subparagraph (B) and inserting dependents, for an educational benefit overpayment or loan made, insured, or guaranteed by a governmental unit, or an obligation to repay funds received from a governmental unit as an educational benefit, scholarship, or stipend..

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