Adjustments to the dollar amounts stated in various provisions of the Bankruptcy Code and one provision of Title 28 of the United States Code will go into effect on April 1, 2022, for cases filed on or after that date. The adjustments’ timing and calculation are codified in 11 U.S.C. § 104. A chart showing the affected sections, including the current and adjusted dollar amounts, can be found here. Seven Official Bankruptcy Forms and two Director’s Forms also contain references to several of the affected dollar amounts. The revised forms, available here, will be effective on April 1, 2022 and will apply to cases filed on or after that date.
Wednesday, March 9, 2022