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HR 5321 102th Congress House Finance and Financial Sector Bankruptcy Debtor and creditor Information services Statistics

Bankruptcy Amendments of 1992

Introduced: June 3, 1992 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 8, 1992
Referred to the Subcommittee on Economic and Commercial Law.
Jun 3, 1992
Referred to the House Committee on Judiciary.
Jun 3, 1992
Introduced in House
 Plain-English summary Congressional Research Service

Bankruptcy Amendments of 1992 - Amends Federal bankruptcy law to raise to $1 million the ceiling on debts for eligibility to file as a chapter 13 debtor (bankrupt consumer repayment of debt under court supervision). (Currently the ceiling is $100,000 for unsecured debts, or $350,000 for certain secured debts.) Modifies the guidelines for: (1) chapter 13 bankruptcies; (2) automatic stays; (3) exemptions; (4) discharges; and (5) preferences.

Directs the Administrative Office of the United States Courts to compile and make available to the public statistical information regarding bankruptcy cases.

What's happening now June 8, 1992

Referred to the Subcommittee on Economic and Commercial Law.

 Committees of jurisdiction 2