H.R. 5116 · 103rd Congress · enacted
Bankruptcy Reform Act of 1994
Became Public Law No: 103-394.
Latest official action 1994-10-22 · Enacted
The bill, briefly
TABLE OF CONTENTS: Title I: Improved Bankruptcy Administration Title II: Commercial Bankruptcy Issues Title III: Consumer Bankruptcy Issues Title IV: Governmental Bankruptcy Issues Title V: Technical Corrections Title VI: Bankruptcy Review Commission Title VII: Severability; Effective Date; Application of Amendments Bankruptcy Reform Act of 1994 - Title I: Improved Bankruptcy Administration - Amends Federal bankruptcy law to allow, with the consent of the parties in interest, an extension of the 30 day period following conclusion of a preliminary hearing on a motion to lift an automatic stay, by the end of which a final hearing must be concluded. (Sec. 102) Amends the judicial code to mandate the jurisdiction of a Federal district court to hear appeals from interlocutory orders and decrees of bankruptcy judges increasing or reducing certain time periods for filing a bankruptcy plan. (Currently, a district court has discretion to hear such appeals by its leave only.) (Sec. 103) Revises expedited procedures for reaffirmation of debts. (Sec. 104) Permits bankruptcy court judges to hold status conferences and to issue case limitations and conditions at such conferences. Amends the Federal judicial code to change from discretionary to mandatory the authority of the judicial council of a circuit to establish a bankruptcy appellate panel service. Prescribes circumstances for the term…
Congressional Research Service · 1994-10-05
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Amount spent specifically on this bill: not disclosed
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Politicians behind the bill
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What happened after enactment?
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