New amendments are made to bankruptcy rules about once each year. These rules, called the Federal Rules of Bankruptcy Procedure, regulate the way that bankruptcy cases are handled throughout the country and in individual states.
The new rules put into place to address problems noticed by an Advisory committee that includes bankruptcy attorneys and federal judges. The Supreme Court eventually makes the amendments law and they can be disapproved by Congress.
Federal Rule Changes
Most of the rule changes being applied this year are related to the way appeals are handled and the electronic filing of bankruptcy cases. Here are the most important rule changes to be aware of.
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