Common use of ADJUSTMENT OF DOLLAR AMOUNTS Clause in Contracts

ADJUSTMENT OF DOLLAR AMOUNTS. For adjustment of certain dollar amounts specified in this section, that is not reflected in text, see Adjustment of Dollar Amounts note belo . HISTORICAL AND REVISION NOTES LEGISLATIVE STATEMENTS Section 707 of the House amendment indicates that the court may dismiss a case only after notice and a hearing. SENATE REPORT NO. 95–989 This section authorizes the court to dismiss a liq- uidation case only for cause, such as unreasonable delay by the debtor that is prejudicial to creditors or nonpayment of any fees and charges required under chapter 123 [§ 1911 et seq.] of title 28. These causes are not exhaustive, but merely illustrative. The section does not contemplate, however, that the ability of the debtor to repay his debts in whole or in part con- stitutes adequate cause for dismissal. To permit dis- missal on that ground would be to enact a non-uniform mandatory chapter 13, in lieu of the remedy of bank- ruptcy. REFERENCES IN TEXT Section 302 of the Family Violence Prevention and Services Act, referred to in subsec. (b)(2)(A)(ii)(I), is classified to section 10402 of Title 42, The Public Health and Welfare. The Federal Rules of Bankruptcy Procedure, referred to in subsec. (b)(4)(A), (B), (5)(A), are set out in the Ap- pendix to this title. AMENDMENTS 2010—Subsec. (a)(3). Pub. L. 111–327, § 2(a)(25)(A), sub- stituted ‘‘521(a)’’ for ‘‘521’’.

ADJUSTMENT OF DOLLAR AMOUNTS. For adjustment of certain dollar amounts specified in this section, that is not reflected in text, see Adjustment of Dollar Amounts note belo below. HISTORICAL AND REVISION NOTES LEGISLATIVE STATEMENTS Historical and Revision Notes legislative statements Section 707 of the House amendment indicates that the court may dismiss a case only after notice and a hearing. SENATE REPORT NO. 95–989 This section authorizes the court to dismiss a liq- uidation case only for cause, such as unreasonable delay by the debtor that is prejudicial to creditors or nonpayment of any fees and charges required under chapter 123 [§ 1911 et seq.] of title 28. These causes are not exhaustive, but merely illustrative. The section does not contemplate, however, that the ability of the debtor to repay his debts in whole or in part con- stitutes adequate cause for dismissal. To permit dis- missal on that ground would be to enact a non-uniform mandatory chapter 13, in lieu of the remedy of bank- ruptcy. REFERENCES IN TEXT References in Text Section 302 of the Family Violence Prevention and Services Act, referred to in subsec. (b)(2)(A)(ii)(I), is classified to section 10402 of Title 42, The Public Health and Welfare. The Internal Revenue Code of 1986, referred to in sub- sec. (b)(2)(A)(ii)(II), is classified generally to Title 26, Internal Revenue Code. The Federal Rules of Bankruptcy Procedure, referred to in subsec. (b)(4)(A), (B), (5)(A), are set out in the Ap- pendix to this title. AMENDMENTS Amendments 2014—Subsec. (b)(2)(A)(ii)(II). Pub. L. 113–295 inserted at end ‘‘Such monthly expenses may include, if applica- ble, contributions to an account of a qualified ABLE program to the extent such contributions are not ex- cess contributions (as described in section 4973(h) of the Internal Revenue Code of 1986) and if the designated beneficiary of such account is a child, stepchild, grand- child, or stepgrandchild of the debtor.’’ 2010—Subsec. (a)(3). Pub. L. 111–327, § 2(a)(25)(A), sub- stituted ‘‘521(a)’’ for ‘‘521’’.

ADJUSTMENT OF DOLLAR AMOUNTS. For adjustment of certain dollar amounts specified in this section, that is not reflected in text, see Adjustment of Dollar Amounts note belo below. HISTORICAL AND REVISION NOTES LEGISLATIVE STATEMENTS Historical and Revision Notes legislative statements Section 707 of the House amendment indicates that the court may dismiss a case only after notice and a hearing. SENATE REPORT NO. 95–989 This section authorizes the court to dismiss a liq- uidation case only for cause, such as unreasonable delay by the debtor that is prejudicial to creditors or nonpayment of any fees and charges required under chapter 123 [§ 1911 et seq.] of title 28. These causes are not exhaustive, but merely illustrative. The section does not contemplate, however, that the ability of the debtor to repay his debts in whole or in part con- stitutes adequate cause for dismissal. To permit dis- missal on that ground would be to enact a non-uniform mandatory chapter 13, in lieu of the remedy of bank- ruptcy. REFERENCES IN TEXT References in Text Section 302 of the Family Violence Prevention and Services Act, referred to in subsec. (b)(2)(A)(ii)(I), is classified to section 10402 of Title 42, The Public Health and Welfare. The Federal Rules of Bankruptcy Procedure, referred to in subsec. (b)(4)(A), (B), (5)(A), are set out in the Ap- pendix to this title. AMENDMENTS Amendments 2010—Subsec. (a)(3). Pub. L. 111–327, § 2(a)(25)(A), sub- stituted ‘‘521(a)’’ for ‘‘521’’.