US President Joe Biden.BRENDAN SMIALOWSKI/AFP via Getty Images Biden announced reforms to the bankruptcy process for student-loan borrowers in November. New data obtained by Student Defense found fewerr than 45 borrowers have seen relief since those reforms. Experts and lawmakers want to ensure bankruptcy is a viable option before payments resume this fall. It's been nearly a year since President Joe Biden announced reforms to make it easier for student-loan borrowers to get rid of their debt in bankruptcy court.