Sec. 1401. Report on experiences of delinquent student loan borrowers
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/bill/117/hr/2547/rfs/section-1401·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than 18 months after the date of the enactment of this Act, the Director of the Bureau of Consumer Financial Protection Bureau shall carry out a study and submit to Congress a report on the consumer experiences and financial impacts of debt collection practices on delinquent borrowers of private education loans (as defined in section 140(a) of the Truth in Lending Act ( 15 U.S.C. 1650(a) ) and such report shall include an analysis of— the frequency and nature of private student lenders challenging undue hardship bankruptcy petitions made by borrowers of private education loans; and whether private student lenders disproportionately challenge undue hardship petitions made by low-income or otherwise vulnerable borrowers of private education loans.
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Sec. 1401
Report on experiences of delinquent student loan borrowers
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