CLLA Newswire | From the CLLA Newswire
Share |

Introduction of HR 2542

Sharon Edmondson, Washington Legislative Team Member | June 11, 2015

Rep. Larsen (D-WA) introduced HR 2542, Bereaved Borrowers’ Bill of Rights Act of 2015, a bill to amend the Truth in Lending Act to establish requirements for releasing a cosigner from obligations of a private education loan, for the treatment of the loan upon the death or bankruptcy of a cosigner of the loan. The bill was referred to the House Financial Services Committee. A copy of the bill can be found here.

Go back


    Commercial Law League of America

    1000 N. Rand Rd., Suite 214
    Wauconda, IL 60084

    Phone: (312) 240-1400    |   Fax: (847) 526-3993