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COVID-19 Bankruptcy Relief Extended to March 2022

This act extends specific bankruptcy provisions related to the COVID-19 pandemic until March 27, 2022. This means individuals and businesses facing financial difficulties due to the pandemic will have continued access to certain bankruptcy relief measures for a longer period. The aim is to provide additional time to manage financial affairs during a challenging period.
Key points
Extension of deadlines: Special bankruptcy rules introduced due to the pandemic will remain in effect until March 27, 2022.
Financial support: Individuals and businesses affected by the pandemic gain more time to utilize bankruptcy relief provisions.
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Additional Information
Print number: 117_S_3437
Sponsor: Sen. Durbin, Richard J. [D-IL]
Process start date: 2021-12-18