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§ 159. Bank­rupt­cy statistics

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(a) The clerk of the dis­trict court, or the clerk of the bank­rupt­cy court if one is certified pur­su­ant to sec­tion 156(b) of this ti­tle, shall col­lect statistics re­gard­ing debt­ors who are in­di­vid­u­als with pri­mar­i­ly con­sumer debts seek­ing re­lief un­der chap­ters 7, 11, and 13 of ti­tle 11. Those statistics shall be in a stan­dardized format pre­scribed by the Di­rec­tor of the Ad­min­is­tra­tive Of­fice of the Unit­ed States Courts (re­ferred to in this sec­tion as the ‘Di­rec­tor’).


(b) The Di­rec­tor shall—

(1) compile the statistics re­ferred to in sub­sec­tion (a);

(2) make the statistics avail­able to the pub­lic; and

(3) not lat­er than July 1, 2008, and an­nual­ly there­af­ter, pre­pare, and sub­mit to Con­gress a re­port con­cern­ing the in­for­ma­tion col­lected un­der sub­sec­tion (a) that con­tains an anal­y­sis of the in­for­ma­tion.


(c) The compilation re­quired un­der sub­sec­tion (b) shall—

(1) be item­ized, by chap­ter, with re­spect to ti­tle 11;

(2) be pre­sent­ed in the ag­gre­gate and for each dis­trict; and

(3) in­clude in­for­ma­tion con­cern­ing—

(A) the to­tal as­sets and to­tal li­a­bil­i­ties of the debt­ors de­scribed in sub­sec­tion (a), and in each cat­e­go­ry of as­sets and li­a­bil­i­ties, as re­port­ed in the sched­ules pre­scribed pur­su­ant to sec­tion 2075 of this ti­tle and filed by debt­ors;

(B) the cur­rent month­ly in­come, av­er­age in­come, and av­er­age ex­penses of debt­ors as re­port­ed on the sched­ules and state­ments that each such debt­or files un­der sec­tions 521 and 1322 of ti­tle 11;

(C) the ag­gre­gate amount of debt dis­charged in cases filed dur­ing the re­port­ing pe­ri­od, de­ter­mined as the dif­fer­ence be­tween the to­tal amount of debt and ob­li­ga­tions of a debt­or re­port­ed on the sched­ules and the amount of such debt re­port­ed in cat­e­go­ries which are predominantly non­dis­charge­able;

(D) the av­er­age pe­ri­od of time be­tween the date of the fil­ing of the pe­ti­tion and the clos­ing of the case for cases closed dur­ing the re­port­ing pe­ri­od;

(E) for cases closed dur­ing the re­port­ing pe­ri­od—

(i) the num­ber of cases in which a re­af­fir­ma­tion agree­ment was filed; and

(ii)(I) the to­tal num­ber of re­af­fir­ma­tion agree­ments filed;

(II) of those cases in which a re­af­fir­ma­tion agree­ment was filed, the num­ber of cases in which the debt­or was not rep­re­sented by an at­tor­ney; and

(III) of those cases in which a re­af­fir­ma­tion agree­ment was filed, the num­ber of cases in which the re­af­fir­ma­tion agree­ment was ap­proved by the court;

(F) with re­spect to cases filed un­der chap­ter 13 of ti­tle 11, for the re­port­ing pe­ri­od—

(i)(I) the num­ber of cases in which a fi­nal or­der was en­tered de­ter­min­ing the val­ue of prop­er­ty se­cur­ing a claim in an amount less than the amount of the claim; and

(II) the num­ber of fi­nal or­ders en­tered de­ter­min­ing the val­ue of prop­er­ty se­cur­ing a claim;

(ii) the num­ber of cases dis­missed, the num­ber of cases dis­missed for fail­ure to make pay­ments un­der the plan, the num­ber of cases re­filed af­ter dis­miss­al, and the num­ber of cases in which the plan was com­pleted, sep­a­rate­ly item­ized with re­spect to the num­ber of mod­i­fi­ca­tions made be­fore com­ple­tion of the plan, if any; and

(iii) the num­ber of cases in which the debt­or filed an­oth­er case dur­ing the 6 year pe­ri­od pre­ced­ing the fil­ing;

(G) the num­ber of cases in which cred­itors were fined for miscon­duct and any amount of pu­ni­tive dam­ages award­ed by the court for cred­itor miscon­duct; and

(H) the num­ber of cases in which sanc­tions un­der rule 9011 of the Fed­er­al Rules of Bank­rupt­cy Pro­ce­dure were imposed against debt­or's at­tor­ney or dam­ages award­ed un­der such Rule.


(Added P.L. 109-8, Title VI, § 601(a), April 20, 2005, 119 Stat. 119.)

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page Last Updated:  April 28, 2013