Section 2.3 Bankruptcy Reform Act of 1978

• Library: Bankruptcy Practice (2007 Ed. + 2015 Cum Supp)

2. (§2.3) Bankruptcy Reform Act of 1978

The Bankruptcy Reform Act substantially elevated the
status of bankruptcy judges and expanded their jurisdiction and judicial functions, while attempting to eliminate their administrative duties. Thus, bankruptcy judges are now
selected by the circuit courts, appointed to 14-year terms, and receive approximately the same salaries as district court judges. 28 U.S.C. §§ 152(a)(1) and 153. Perhaps the most important change...