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Bankruptcy System Overhaul: Trustee Pay Increase and Judge Term Extensions.

This Act doubles the compensation for Chapter 7 bankruptcy trustees from $60 to $120 per case, adjusting it for inflation, to ensure the efficiency of the bankruptcy system. It also extends the terms of temporary bankruptcy judgeships from 5 to 10 years to manage increasing consumer and business caseloads. Importantly, the law confirms that filing fees for individuals remain unchanged, and fee waivers for indigent persons are protected.
Key points
Chapter 7 bankruptcy trustee compensation is doubled to $120 per case and will be indexed for inflation, addressing stagnation since 1994.
Terms for temporary bankruptcy judgeships are extended from 5 to 10 years to maintain court capacity for high caseloads.
The Act ensures that filing fees for individuals seeking bankruptcy relief are not increased, and fee waivers for low-income filers remain available.
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Additional Information
Print number: 118_HR_9154
Sponsor: Rep. Ivey, Glenn [D-MD-4]
Process start date: 2024-07-25
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Bankruptcy Administration Improvement Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_9154.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-07-25.

What are the main provisions?

Key points include:

  • Chapter 7 bankruptcy trustee compensation is doubled to $120 per case and will be indexed for inflation, addressing stagnation since 1994.
  • Terms for temporary bankruptcy judgeships are extended from 5 to 10 years to maintain court capacity for high caseloads.
  • The Act ensures that filing fees for individuals seeking bankruptcy relief are not increased, and fee waivers for low-income filers remain available.
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 Rep. Ivey, Glenn [D-MD-4].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on the Judiciary.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

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