US Bankruptcy Code

The United States Bankruptcy Code from 1978 was rewritten and is now known as the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (Public Law No. 109-8, 119 Stat. 23, April 2005).  This reform act took nine years from the start of discussion to actual enactment and went into effect on October 17, 2005.  This act is the most recent revision of the Title 11 Bankruptcy Code (11 USC § 101 et seq).  This new law has made major changes to both chapter 7 and chapter 13 bankruptcies.  Chapter 7 of the bankruptcy code is liquidation and chapter 13 of the bankruptcy code is a reorganization of your debts. 

You can receive a full copy of the text via the Government Printing Office; click here for the Reform Act.  The House Judiciary Committee also has a redline version of the act online.  The redline version shows the line-by-line contextual changes in the act.  The American Bankruptcy Institute has made that document available here – Public Law 109-8.