This petition is to pass H.R.532 - Private Student Loan Bankruptcy Fairness Act of 2013.
Millions of students are under the hardships of student loan debt. The govt. does not see many of their hardships as real hardships, making it almost impossible to rid of these overbearing debts.
Private Student Loan Bankruptcy Fairness Act of 2013 - Amends the federal bankruptcy code to limit the non-dischargeability, except in cases of undue hardship, of educational loans to those made, insured, or guaranteed by a governmental unit, or made under any program funded by a governmental unit or any program for which substantially all of the funds are provided by a nonprofit institution (thus allowing the discharge of private educational loan indebtedness without the need to show an undue harship.