On April 1, 2016, automatic adjustments will be made to dollar amounts stated in various provisions of the Bankruptcy Code, one provision in Title 28, and in the bankruptcy forms and instructions listed below.  The adjustments will apply to cases commenced on or after April 1, 2016.

Section 104 of the Code provides that the Judicial Conference make the adjustments, which are calculated at three-year intervals on the basis of the change in the Consumer Price Index for the most recent three-year period ending immediately before the year in which the adjustment is made and rounded to the nearest $25.  The Conference has delegated that authority to the Administrative Office.  The revised dollar amounts were published on February 22, 2016, volume 81, number 34, of the Federal Register, at page 8,748.  Pending changes in the Official Bankruptcy Forms, Director’s Forms, and instructions impacted include:

• • Official Form 106C, The Property You Claim as Exempt
  • Official Form 107, Your Statement of Financial Affairs for Individuals Filing for Bankruptcy
  • Official Form 201, Voluntary Petition for Non-Individuals
  • Official Form 207, Statement of Your Financial Affairs
  • Official Form 410, Proof of Claim
  • Official Form 122A-2, Chapter 7 Means Test Calculation
  • Official Form 122C-2, Chapter 13 Calculation of Your Disposable Income
  • Director’s Form 2000, Required Lists, Schedules, Statements, and Fees
  • Director’s Form 2500E, Instructions
  • Local Form 97-A, Debtor’s Certificate of Compliance, Motion For Issuance of Discharge and Notice of Deadline to Object
  • Local Form 97-B, Debtor’s Certificate of Compliance, Motion For Issuance of Discharge Before Completion of Plan Payments, and Notice of Deadline to Object
  • Instructions for Individual Debtors
  • Instructions for Non-Individual Debtors