Updates to Current Publications
Listed below are amendments to our current annual publications received by us and which were enacted or which will take effect after our publication date. Linked documents are in PDF format.
United States Bankruptcy Code & Rules Booklet
Public Law 116-136, the “Coronavirus Aid, Relief, and Economic Security Act’’ or the ‘‘CARES Act,’’ enacted into law on March 27, 2020, expanded bankruptcy relief for individuals and small businesses affected by the Covid-19 pandemic by amending sections 101, 103, 347, 1182, 1325, and 1329 of the U.S. Bankruptcy Code. These amendments have been incorporated into the 2021 edition of our United States Bankruptcy Code & Rules Booklet. However, most of these amendments are scheduled to sunset one year after the date of enactment. This red-line text shows how the affected sections of the U.S. Bankruptcy Code will appear after the CARES Act sunset provisions take effect.
Update: Public Law 117-5, the “COVID–19 Bankruptcy Relief Extension Act of 2021,” signed into law on March 27, 2021, delayed the CARES Act sunset provisions for an additional year.
Public Law 116-260, the “Consolidated Appropriations Act, 2021” (“the CAA”), enacted into law on December 27, 2020, provided additional bankruptcy relief for individuals and businesses affected by the Covid-19 pandemic by amending sections 364, 365, 366, 501, 502, 503, 507, 525, 541, 547, 1191, 1225, 1325, 1328, and 1329 of the U.S. Bankruptcy Code. The bankruptcy-related provisions are found in sections 320 and 1001 of the CAA. The CAA was enacted into law after the publication of the 2021 edition of our United States Bankruptcy Code & Rules Booklet. Readers should note that most bankruptcy changes effected by the CAA sunset one or two years after the date of enactment.
Latest automatic adjustments to dollar amounts in the provisions specified in 11 USC section 104 took effect on April 1, 2019. The new amounts have been incorporated into the 2020 edition.
Corrections are posted below and will be incorporated in the next printing of the publication. We welcome submission of corrections. Thank you for helping us to improve our books.
United States Bankruptcy Code & Rules Booklet –
- 2017 to 2019 editions — 11 USC section 541(b) paragraph (10)(C): the dollar amount should be $6,425 not $6,225.
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