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Automatic Adjustment of Certain Dollar Amounts in the Bankruptcy Code and Official Forms

Wed, 03/27/2019 - 9:44am

On April 1, 2019, various adjustments to the dollar amounts in the Bankruptcy Code, official forms, and in 28 U.S.C.  1409 will take effect.  A list of the affected sections and the new dollar amounts is available here.  In addition to these sections, the following official forms have been updated to reflect the new dollar amounts:

Official Form 106C, Schedule C:  The Property You Claim as Exempt;

Official Form 107, Statement of Financial Affairs for Individuals Filing for Bankruptcy;

Official Form 122A-2, Chapter 7 Means Test Calculation;

Official Form 122C-2, Chapter 13 Calculation of Your Disposable Income;

Official Form 201, Voluntary Petition for Non-Individuals Filing for Bankruptcy;

Official Form 207, Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy; and

Official Form 410, Proof of Claim.

The new amounts and forms should be used for all cases filed on or after April 1, 2019.