Notice to the Bar and Public Regarding Expiration of CARES Act Bankruptcy Provisions (03/28/2022)

Monday, March 28, 2022

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NOTICE TO THE BAR AND PUBLIC
(March 28, 2022)
U.S. Bankruptcy Court for the District of New Jersey
EXPIRATION OF CARES ACT BANKRUPTCY PROVISIONS

On March 27, 2020, the President signed into law the Coronavirus Aid, Relief, and
Economic Security (CARES) Act. Included in the CARES Act are many provisions impacting the
bankruptcy system. A year later, on March 27, 2021, the President signed into law an amended
version of the Act, which extended provisions in Section 1113 (Bankruptcy) of the CARES Act
for one year. Although additional legislation is pending, these provisions expired on March 27,
2022.
The expiring provisions will affect debtor eligibility in Chapter 11 Subchapter V cases,
calculation of “current monthly income” and “disposable income,” Chapter 13 practice, and
Official Forms. Specific changes resulting from the expiration of the CARES Act Bankruptcy
Provisions are as follows and will be implemented in CM/ECF as appropriate.

 

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