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At last count, there were almost 100 pieces of legislation introduced into the 116th Congress relating to student loans, education financing and debt. As might be expected, a number of bills are related to the treatment of student loan debt in bankruptcy.
Many struggling to pay off student loans today may be surprised to find out that student loans were once freely dischargeable in bankruptcy. But due to abuse, it has become increasingly difficult to discharge student loan debt. It is currently one of the most difficult classes of debt to discharge.
"Hosted by the International and Legislation Committees. In recent years, multiple jurisdictions have reformed or modernized their insolvency laws, either through incremental amendments or by entirely replacing the legislation. In this session, attendees will hear from practitioners from various jurisdictions about what motivated the decisions to amend their insolvency laws — and how the process unfolded in practice."
