Legislation to increase bankruptcy fees and extend the terms of temporary bankruptcy judges has been signed into law.
The Bankruptcy Administration Improvement Act of 2025, signed by President Donald Trump on Feb. 6, increases compensation for Chapter 7 trustees in no-asset bankruptcies for the first time since 1994 from $60 to $120 per case. It also extends the terms for some temporary bankruptcy judges from five years to 10 years.
The bill, S. 3424, cleared the House in a voice vote last month and passed the Senate in December. The House version of the bill, H.R. 3867, was introduced ...