"Virginia Bankruptcy Records"
The Clerk of each Virginia bankruptcy court maintains all documents and pleadings filed with the court.
Additionally, schedules filed by debtors, the court's docket, pending hearings, and court orders are also available
for public review. Many records are available online through the PACER system, for a fee, or may be reviewed at
the Clerk's office via public access computers.
| 11 U.S.C. §107: "(a) 'Except as provided in subsection (b) of this section, a paper
filed in a case under this title and the dockets of a bankruptcy court are public records and open to
examination by an entity at reasonable times without charge. (b) On request of a party in interest, the bankruptcy
court shall, and on the bankruptcy court's own motion, the bankruptcy court may - (1) protect an entity with
respect to a trade secret or confidential research, development, or commercial information; or
(2) protect a person with respect to scandalous or defamatory matter contained in a paper filed in a case under
this title" |
On March 5, 2004 the Virginia Bankruptcy Courts adopted newly adjusted dollar amounts which apply throughout
the Code. The changes became effective April1, 2004. The adjusted amounts affect the values throughout carious
Code sections, including the eligibility requirement for debtors who file Chapter 13, the value of claims which
the Code treats as a priority claim, the amount of creditor claims need to instigate an involuntary petition,
and the amount of luxury goods and services which may be considered nondischargeable if acquired within 30 days
of filing. These changes to Virginia bankruptcy law were based on the Consumer Price Index published by the US
Dept. of Labor, and increase values to reflect rising prices. These changes became mandatory every three years
beginning in 1994.
Back to Virginia Bankruptcy Court words & phrases.
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