Bankruptcy Reform Act of 1978

E71437

United States federal statute bankruptcy law

The Bankruptcy Reform Act of 1978 is a landmark U.S. federal law that overhauled the nation’s bankruptcy system, creating the modern bankruptcy code and structure of bankruptcy courts.

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All labels observed (4)

Label	Occurrences
Bankruptcy Reform Act of 1978 canonical	11
1978 Bankruptcy Code reform law	1
Bankruptcy Act of 1978	1
modern United States Bankruptcy Code	1

Statements (46)

Predicate	Object
instanceOf	United States federal statute ⓘ bankruptcy law ⓘ
aimedTo	balance debtor relief with creditor protections ⓘ modernize bankruptcy procedures ⓘ provide more uniform bankruptcy laws across the United States ⓘ
alsoKnownAs	Bankruptcy Reform Act of 1978 ⓘ surface form: 1978 Bankruptcy Code reform law
amendedBy	Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 ⓘ Bankruptcy Amendments and Federal Judgeship Act of 1984 ⓘ
appliesTo	business debtors ⓘ individual debtors ⓘ
appliesWithin	all U.S. states and territories subject to federal bankruptcy jurisdiction ⓘ
branchOfGovernment	legislative branch of the United States ⓘ
codifiedIn	Title 11 of the United States Code ⓘ
country	United States of America ⓘ surface form: United States
created	United States bankruptcy law ⓘ surface form: United States Bankruptcy Code separate bankruptcy courts as units of the federal district courts ⓘ
enactedBy	United States Congress ⓘ
established	current system of United States bankruptcy courts ⓘ modern United States bankruptcy code structure ⓘ
governs	Chapter 11 reorganization cases ⓘ Chapter 13 – Adjustment of Debts of an Individual with Regular Income ⓘ surface form: Chapter 13 adjustment of debts of an individual with regular income Chapter 7 liquidation cases ⓘ
historicalSignificance	created the modern U.S. bankruptcy system ⓘ
includes	provisions on automatic stay ⓘ provisions on avoidance powers ⓘ provisions on bankruptcy estate ⓘ provisions on discharge of debts ⓘ provisions on exemptions ⓘ provisions on priorities of claims ⓘ
influencedBy	Commission on the Bankruptcy Laws of the United States ⓘ
jurisdiction	federal law of the United States ⓘ
languageOfDocument	English ⓘ
legalArea	insolvency law ⓘ
longTitle	An Act to establish a uniform law on the subject of bankruptcies ⓘ
overhauled	federal bankruptcy system of the United States ⓘ
presidentAtSigning	Jimmy Carter ⓘ
provides	framework for liquidation and reorganization under federal bankruptcy law ⓘ
publicLawNumber	Public Law 95-598 ⓘ
reorganized	relationship between bankruptcy courts and United States district courts ⓘ
replaced	Bankruptcy Act of 1898 ⓘ
shortTitle	Bankruptcy Reform Act of 1978 self-link ⓘ
signedBy	Jimmy Carter ⓘ
subjectMatter	bankruptcy ⓘ
tookEffect	October 1, 1979 ⓘ
topic	United States bankruptcy reform ⓘ
yearEnacted	1978 ⓘ

Referenced by (14)

Full triples — surface form annotated when it differs from this entity's canonical label.

United States bankruptcy courts → governingStatute → Bankruptcy Reform Act of 1978 ⓘ

United States bankruptcy courts → establishedAsSeparateCourts → Bankruptcy Reform Act of 1978 ⓘ

Bankruptcy Reform Act of 1978 → shortTitle → Bankruptcy Reform Act of 1978 self-link ⓘ

Bankruptcy Reform Act of 1978 → alsoKnownAs → Bankruptcy Reform Act of 1978 ⓘ

this entity surface form: 1978 Bankruptcy Code reform law

Bankruptcy Amendments and Federal Judgeship Act of 1984 → amends → Bankruptcy Reform Act of 1978 ⓘ

United States Trustee Program → establishedBy → Bankruptcy Reform Act of 1978 ⓘ

Public Law 95-598 → officialName → Bankruptcy Reform Act of 1978 ⓘ

Public Law 95-598 → shortName → Bankruptcy Reform Act of 1978 ⓘ

Public Law 95-598 → created → Bankruptcy Reform Act of 1978 ⓘ

this entity surface form: modern United States Bankruptcy Code

Bankruptcy Act of 1898 → repealedBy → Bankruptcy Reform Act of 1978 ⓘ

Bankruptcy Act of 1898 → followedBy → Bankruptcy Reform Act of 1978 ⓘ

United States Trustees → legalBasis → Bankruptcy Reform Act of 1978 ⓘ

subject surface form: United States Trustee

Northern Pipeline Construction Co. v. Marathon Pipe Line Co. → relatedStatute → Bankruptcy Reform Act of 1978 ⓘ

this entity surface form: Bankruptcy Act of 1978

United States Bankruptcy Court for the District of South Carolina (in certain matters) → governingStatute → Bankruptcy Reform Act of 1978 ⓘ

subject surface form: United States Bankruptcy Court for the District of South Carolina