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02/06/2013 01:21:34 PM EST

Federal Law Would Make Private Student Loans Dischargeable In Consumer Bankruptcy

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WASHINGTON, D.C. - U.S. Sen. Richard Durbin, D-Ill., on Jan. 23 announced the re-introduction of legislation that would restore language in consumer bankruptcy law to allow private student loans to be dischargeable in bankruptcy like most other forms of private debt. Full story on lexis.com