This post at Bankruptcy Law Network by Kent Anderson, Oregon bankruptcy attorney, is of special import today. Briefly:
April 1, 2008, is the last day for citizen comment on an important regulation! The date may be full of irony but this deadline is no joke. The US Trustee has submitted a proposed rule that includes specific requirements for the credit counseling “briefing” required of all individual debtors by 11 USC §109(h)(1). … The public comment period ends April 1, 2008. The proposed regulation created by the US Trustee can be found in a PDF on their web site. The US Trustee description of the briefing required by Congress is set forth in the definition in §58.12(a)(12).
Among other “liberties” taken by the US Trustee in drafting this regulation is the time period required for the credit counseling briefing. By UST definition, the briefing on average is to take “at least 60 minutes”. Where is that requirement found in the statute?
To comment, just visit the website set up for receipt of comments on proposed regulations. Reference “Docket No. EOUST 102″ when you submit your comment.
Commenting on regulations, like jury service, is your civic duty as well as a right!
Filed In:
RSS Feed
Valid XHTML
Design by: