Advisory Committee on Bankruptcy Rules

The Advisory Committee on Bankruptcy Rules is a group that advises the U.S. judiciary on the development and improvement of bankruptcy procedures and rules. Its main goal is to ensure that bankruptcy laws are fair, efficient, and accessible to those in financial distress. The committee reviews existing rules, recommends changes, and helps create new ones, all to improve the bankruptcy process for debtors and creditors alike. Its work is essential to maintaining a structured system that allows individuals and businesses to reorganize their debts or liquidate their assets under legal protections.