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The Bankruptcy Administration Improvement Act of 2024 increases compensation for Chapter 7 bankruptcy trustees from $60 to $120 per case and indexes future increases to inflation, while adjusting bankruptcy filing fees and extending temporary bankruptcy judge positions by five additional years. The bill reallocates fee revenue among the Special Fund, the United States Trustee Fund, and other bankruptcy system accounts to support these changes. The amendments take effect October 1 following enactment and apply to cases commenced after that date.
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