On March 27, Congress passed, and the President signed into law the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”). The CARES Act made some changes to the Bankruptcy Code, most of them temporary, to provide financial assistance during the Coronavirus crisis.

The enactment of the CARES Act requires one-year amendments to five official forms to account for a new definition of “debtor” applicable to subchapter V of chapter 11 and a new exclusion for certain Coronavirus related payments from the definitions of “current monthly income” and “disposable income.” Because the CARES Act took effect immediately upon enactment and its bankruptcy provisions are of limited duration, the Advisory Committee on Bankruptcy Rules has exercised the authority delegated to it by the Judicial Conference to make conforming technical changes to five bankruptcy forms (Official Forms 101, 122A-1, 122B, 122C-1, and 201).

The new forms are located on the United States Courts website: 

•    Official Form 101, Committee Note

•    Official Form 201, Committee Note 

•     Official Forms 122A-1, 122B, 122C-1, Committee Note for 122 Forms