The Judges would like the bar to be aware of the latest resource available in preparing for implementation of the new Bankruptcy Act. Proposed interim rules and forms have been posted by the Advisory Committee on Bankruptcy Rules at www.uscourts.gov/rules. The proposed forms include an amended petition, amended schedules, means test calculations, and various other notices, declarations, certifications, and statements. Helpful committee notes are also provided. It is the Court’s understanding that the forms are likely to become official, or final, in the near future. Further action may be needed before the approved interim rules are presented to the Courts for consideration of adoption. Many members of the bar have expressed concern over the uncertainty involved in how the Act will actually be implemented, and we hope this information will assist you in your preparation.
Thu, 08/04/2005 - 5:00am