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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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Status:
Expired
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Additional Information
Print number: 117_S_3437
Sponsor: Sen. Durbin, Richard J. [D-IL]
Process start date: 2021-12-18
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

COVID–19 Bankruptcy Relief Extension Consolidation Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_3437.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-12-18.

What are the main provisions?

Key points include:

  • 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.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Durbin, Richard J. [D-IL].

What is the latest detailed status?

The latest detailed status is: Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote. (consideration: CR S9308; text: CR S9308)

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Courts and Law Economy