SECTION 1. SHORT TITLE; TABLE OF CONTENTS.
(a) SHORT TITLE.—This Act may be cited as the
‘‘Bankruptcy Reform Act of 1998’’.
(b) TABLE OF CONTENTS.—The table of contents of
this Act is as follows:
Sec. 1. Short title; table of contents.
TITLE I—CONSUMER BANKRUPTCY PROVISIONS
Subtitle A—Needs-Based Bankruptcy
Sec. 101. Needs-based bankruptcy.
Sec. 102. Adequate income shall be committed to a chapter 13 plan that pays
unsecured creditors.
Sec. 103. Definition of inappropriate use.
Sec. 104. Debtor participation in credit counseling program.
Sec. 105. Who may be a debtor under chapter 11.
Subtitle B—Adequate Protections for Consumers
Sec. 111. Notice of alternatives.
Sec. 112. Debtor financial management training test program.
Sec. 113. Definitions.
Sec. 114. Disclosures.
Sec. 115. Debtor’s bill of rights.
Sec. 116. Enforcement.
Sec. 117. Sense of the Congress.
Sec. 118. Charitable contributions.
Sec. 119. Reinforce the fresh start.
Sec. 119A. Chapter 11 discharge of debts arising from tobacco-related debts.
Subtitle C—Adequate Protections for Secured Creditors
Sec. 121. Discouraging bad faith repeat filings.
Sec. 122. Definition of household goods.
Sec. 123. Debtor retention of personal property security.
Sec. 124. Relief from the automatic stay when the debtor does not complete in-
tended surrender of consumer debt collateral.
Sec. 125. Giving secured creditors fair treatment in chapter 13.
Sec. 126. Prompt relief from the automatic stay in individual cases.
Sec. 127. Stopping abusive conversions from chapter 13.
Sec. 128. Restraining abusive purchases on secured credit.
Sec. 129. Fair valuation of collateral.
Sec. 130. Protection of holders of claims secured by debtor’s principal resi-
dence.
Sec. 131. Aircraft equipment and vessels.
Subtitle D—Adequate Protections for Unsecured Creditors
Sec. 141. Debts incurred to pay nondischargeable debts.
Sec. 142. Credit extensions on the eve of bankruptcy presumed nondischarge-
able.
Sec. 143. Fraudulent debts are nondischargeable in chapter 13 cases.
Sec. 144. Applying the codebtor stay only when it protects the debtor.
Sec. 145. Debts for alimony, maintenance, and support.
Sec. 146. Nondischargeability of certain debts for alimony, maintenance, and
support.
Sec. 147. Other exceptions to discharge.
Sec. 148. Fees arising from certain ownership interests.
Sec. 149. Protection of child support and alimony.
Sec. 150. Adequate protection for investors.
Sec. 151. Higher priority for debts for alimony, maintenance, and support.
Subtitle E—Adequate Protections for Lessors
Sec. 161. Giving debtors the ability to keep leased personal property by as-
sumption.
Sec. 162. Adequate protection of lessors and purchase money secured creditors.
Sec. 163. Adequate protection for lessors.
Subtitle F—Bankruptcy Relief Less Frequently Available for Repeat Filers
Sec. 171. Extend period between bankruptcy discharges.
Subtitle G—Exemptions
Sec. 181. Exemptions.
Sec. 182. Limitation.
TITLE II—BUSINESS BANKRUPTCY PROVISIONS
Subtitle A—General Provisions
Sec. 201. Limitation relating to the use of fee examiners.
Sec. 202. Sharing of compensation.
Sec. 203. Chapter 12 made permanent law.
Sec. 204. Meetings of creditors and equity security holders.
Sec. 205. Creditors’ and equity security holders’ committees.
Sec. 206. Postpetition disclosure and solicitation.
Sec. 207. Preferences.
Sec. 208. Venue of certain proceedings.
Sec. 209. Period for filing plan under chapter 11.
Sec. 210. Period for filing plan under chapter 12.
Sec. 211. Cases ancillary to foreign proceedings involving foreign insurance
companies that are engaged in the business of insurance or re-
insurance in the United States.
Sec. 212. Rejection of executory contracts affecting intellectual property rights
to recordings of artistic performance.
Sec. 213. Unexpired leases of nonresidential real property.
Sec. 214. Definition of disinterested person.
Sec. 215. Defaults based on nonmonetary obligations.
Subtitle B—Specific Provisions
CHAPTER 1—SMALL BUSINESS BANKRUPTCY
Sec. 231. Definitions.
Sec. 232. Flexible rules for disclosure statement and plan.
Sec. 233. Standard form disclosure statement and plan.
Sec. 234. Uniform national reporting requirements.