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".

Referred to the House Committee on Financial Services.

2026-05-12

Congress would reject a decision by the Consumer Financial Protection Bureau to withdraw its guidance that protects borrowers from unfair billing and collection practices on student loans after bankruptcy. This would keep the agency's protections in place, preventing debt collectors and loan servicers from pursuing borrowers for student loan debts that have been legally discharged through bankruptcy. The measure affects student loan borrowers who have gone through bankruptcy proceedings and want protection from continued collection efforts.