H.R.2326 - Bankruptcy Amendments of 1993103rd Congress (1993-1994)
|Sponsor:||Rep. Synar, Mike [D-OK-2] (Introduced 05/27/1993)|
|Committees:||House - Judiciary|
|Latest Action:||06/02/1993 Referred to the Subcommittee on Economic and Commercial Law.|
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Subject — Policy Area:
- Finance and Financial Sector
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Summary: H.R.2326 — 103rd Congress (1993-1994)All Bill Information (Except Text)
Introduced in House (05/27/1993)
Bankruptcy Amendments of 1993 - Amends Federal bankruptcy law to raise to $1 million the ceiling on debts for eligibility to file as a chapter 13 debtor (bankrupt consumer repayment of debt under court supervision). (Currently the ceiling is $100,000 for unsecured debts, or $350,000 for certain secured debts.) Modifies the guidelines for: (1) chapter 13 bankruptcies; (2) automatic stays; (3) exemptions; (4) discharges; and (5) preferences.
Directs the Administrative Office of the United States Courts to compile and make available to the public statistical information regarding bankruptcy cases.