Consumer Bankruptcy Journal Winter 2016 - Page 12

COMMENTS OF THE NACBA Notice and Opportunity for Public Comment Proposed Rule 3015.1(a) provides that a single Local Form plan may be adopted by a district “after public notice and opportunity for public comment. “NACBA supports this requirement but believes that the Advisory Committee should provide more guidance on the notice and comment procedure. At a minimum, the Committee Note should state that the opt-out consideration and adoption of a Local Form should be conducted pursuant to Bankruptcy Rule 9029. NACBA is concerned that some districts may take the view that Rule 9029 is not applicable if the district is adopting a form rather than a local rule. The adoption of a Lo 6f&26vf6@GFW"ffV7Fr6FW"2&7F6RB6VB&R7V&V7BFFR'VR#&WV&VVG2&6VB'VR3R2&fFW2FBFRff6f&6FW"2f&W7B&RW6VBVW72F7G&7BFG26f&FB6ƖW2vF&6VB'VR3RFVvW&0ƖVBFR'VRVFVG24$&VƖWfW2FRGf6'6֗GFVR6VBWƖ6Fǐ&fFRFR6֗GFVRFRFBFRF7G&7N( 2FV66FBWBBW7BFR&6VB6f&6VB&R7V&V7BFF6RB6VBF7G&7G26VB&R&WV&VBF6VFRFPF6R6VVr6VB6bFR&6VBff6f&6FW"2f&BFRF6P6VB6Ɩ6B6VBFRGf6&ƗGbFFr&6VB6f&&FW"FFPff6f&vRF7G&7G26VFR67VW"FV'F"GF&W&W&W6VFF6'VW26֗GFVW24$FW2B&VƖWfRFBF22FRF7G&7G26RvFR6vf66RbFP6f&FFFV'F'>( &vG2B6FW"2&7F6Rv'&G2FW'GW&Rg&6&6VGW&W2BV7Bf"F6RF7G&7G2FBFB7FfVǒ6'&FR67VW"GF&W&W&W6VFF6'VW26֗GFVW24$W&vW2FRGf6'6֗GFVRFF6FRFR6֗GFVRFR"6RFW"f&FRWV7FFFBF7G&7G2v6Ɩ6B'F6Fg&FR67VW"FV'F"&"f"6֗GFVRFB2f&VBFGf6RFR6W'BFPFWfVVBb6f&FR6FB6VFr&W&W6VFFg&FR67VW"&"6֗GFVR2W7BFRf'7B7FW77W&rFBFV'F'>( &vG2&R&FV7FVBFRG&gFrb6FV6VR&w&r&VrFWfVVBb6FV2FG&W76rFP&W7VG2b4$( 2&V6VB7W'fW4$2666W&VBFBFRG'V6FVB66VGVRFRGf6'6֗GFVR2W6rf FFbFR&6VB'VW226W6r6F7G&7G2F'W6FFB6f&vFW@VvvrFVvFgVFWfVVBbf&B6&VgV66FW&Fb6VG2'G0v7F27r6WfW&V'2FRGf6'6֗GFVR2vVv&RFBFR7V&V7BbFP&6VB'VW26VFrFRFFbff6f&6FW"2BFRBW@6&֗6RfR&VV6G&fW'6FW7FRF2V6WGFVB7F'FRGf6'6֗GFVR0WV7Fr6F7G&7G2FFV6FRvWFW"FBWBFWfV6f&&fFRF6R6Ɩ6B6VB&WfWr6VBRf6vW2B'F&fg&FRF7G&7@ 45TU"$%UD5U$@vFW"#`F766Fb67VW"&'WF7GF&W0