Amendments to the Federal Rules of Bankruptcy Procedure Take Effect December 1, 2021
Each year amendments are made to the Federal Rules of Bankruptcy Procedure, which govern how bankruptcy cases are managed. The amendments address issues identified by an Advisory Committee made up of federal judges, bankruptcy attorneys, and others. The rule amendments are ultimately adopted by the U.S. Supreme Court and technically subject to Congressional disapproval.
Just A Handful Of Rule Amendments This Year. This year there are only four bankruptcy rule amendments expected to take effect on December 1, 2021. They are all relatively minor technical or administrative revisions. That means you don’t have to worry about major bankruptcy rule changes this year — good to know.
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In The (Red) by Robert L. Eisenbach III. Published November 2, 2021.