SCHEDULED TERMINATION OF CARES ACT CHANGES TO OFFICIAL FORMS 101, 122A-1, 122B, 122C-1, AND 201

Under the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act), as amended by the COVID-19 Bankruptcy Relief Extension Act of 2021, temporary amendments were made to the following Official Forms (the CARES Act amendments):

• Official Forms 101 and 201 were amended to permit a debtor to elect chapter 11, subchapter V treatment if aggregate debts are less than $7,500,000.
• Official Forms 122A-1, 122B, and 122C-1 were amended to incorporate the CARES Act change to the definition of “current monthly income” and the calculation of disposable income.

Unless extended through additional legislation, the CARES Act amendments will lapse on March 27, 2022, and effective March 28, 2022, the forms will revert to their pre-CARES Act versions, with any non-CARES Act amendments incorporated.

Click here for links to the forms effective March 28, 2022, absent additional legislation.

FOR THE COURT
Richard Jones
Clerk, United States Bankruptcy Court