H.R. 6117 the Protecting Employees and Retirees in Business Bankruptcies Act of 2012.
To amend title 11, United States Code, to improve protections for employees and retirees in business bankruptcies.
To amend title 11, United States Code, to improve protections for employees and retirees in business bankruptcies.
To amend title 11 of the United States Code to require the public disclosure by trusts established under section 524(g) of such title, of quarterly reports that contain detailed information regarding the receipt and disposition of claims for injuries based on exposure to asbestos, and the filing of such reports with the Executive Office for United States Trustees.
Amends federal bankruptcy law governing a Chapter 13 debtor (adjustment of debts of an individual with regular income) to exclude from the computation of debts the secured or unsecured portions of: (1) debts secured by the debtor's principal residence if the current value of that residence is less than the secured debt limit, or (2) debts secured or formerly secured by real property that was the debtor's principal residence that was sold in foreclosure or that the debtor surrendered to the creditor if the current value of such real property is less than the secured debt limit.
To amend the Federal Deposit Insurance Act with respect to information provided to the Bureau of Consumer Financial Protection
To amend title 28, United States Code, to provide for reassignment of certain Federal cases upon request of a party.
To limit investor and homeowner losses in foreclosures, and for other purposes.
To provide for improvements to the administration of bankruptcy in cases under chapter 7 of title 11 of the United States Code.
To amend the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 to make technical modifications relating to the Worker, Retiree, and Employer Recovery Act of 2008 and the Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010.
To amend title 28 of the United States Code with respect to proper venue for cases filed by corporations under chapter 11 of title 11 of such Code.
To amend the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to authorize the Federal Housing Finance Agency, as receiver of Fannie Mae or Freddie Mac, to revoke the charters of such enterprises or any limited-life regulated entity established under such receivership.