SJRES 151 · 119th CongressIn Committeecongress.gov ↗
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "Bulletin 2023-01: Unfair Billing and Collection Practices After Bankruptcy Discharges of Certain Student Loan Debts".
What this bill does
AI plain-language summaryThis joint resolution seeks to overturn a decision by the Bureau of Consumer Financial Protection to withdraw a previous rule about unfair billing and collection practices related to certain student loan debts after they have been discharged through bankruptcy. In other words, Congress would be rejecting the agency's choice to pull back its earlier guidance on how student loan servicers handle billing for loans that have already been cleared in bankruptcy. No official summary is available for this bill.
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