Page:United States Statutes at Large Volume 119.djvu/54

 119 STAT. 36

PUBLIC LAW 109–8—APR. 20, 2005 ‘‘(b) Before the commencement of a case under this title by an individual whose debts are primarily consumer debts, the clerk shall give to such individual written notice containing— ‘‘(1) a brief description of— ‘‘(A) chapters 7, 11, 12, and 13 and the general purpose, benefits, and costs of proceeding under each of those chapters; and ‘‘(B) the types of services available from credit counseling agencies; and ‘‘(2) statements specifying that— ‘‘(A) a person who knowingly and fraudulently conceals assets or makes a false oath or statement under penalty of perjury in connection with a case under this title shall be subject to fine, imprisonment, or both; and ‘‘(B) all information supplied by a debtor in connection with a case under this title is subject to examination by the Attorney General.’’.

11 USC 111 note.

Deadline.

VerDate 14-DEC-2004

08:19 Oct 26, 2006

SEC. 105. DEBTOR FINANCIAL MANAGEMENT TRAINING TEST PROGRAM.

(a) DEVELOPMENT OF FINANCIAL MANAGEMENT AND TRAINING CURRICULUM AND MATERIALS.—The Director of the Executive Office for United States Trustees (in this section referred to as the ‘‘Director’’) shall consult with a wide range of individuals who are experts in the field of debtor education, including trustees who serve in cases under chapter 13 of title 11, United States Code, and who operate financial management education programs for debtors, and shall develop a financial management training curriculum and materials that can be used to educate debtors who are individuals on how to better manage their finances. (b) TEST.— (1) SELECTION OF DISTRICTS.—The Director shall select 6 judicial districts of the United States in which to test the effectiveness of the financial management training curriculum and materials developed under subsection (a). (2) USE.—For an 18-month period beginning not later than 270 days after the date of the enactment of this Act, such curriculum and materials shall be, for the 6 judicial districts selected under paragraph (1), used as the instructional course concerning personal financial management for purposes of section 111 of title 11, United States Code. (c) EVALUATION.— (1) IN GENERAL.—During the 18-month period referred to in subsection (b), the Director shall evaluate the effectiveness of— (A) the financial management training curriculum and materials developed under subsection (a); and (B) a sample of existing consumer education programs such as those described in the Report of the National Bankruptcy Review Commission (October 20, 1997) that are representative of consumer education programs carried out by the credit industry, by trustees serving under chapter 13 of title 11, United States Code, and by consumer counseling groups. (2) REPORT.—Not later than 3 months after concluding such evaluation, the Director shall submit a report to the Speaker of the House of Representatives and the President

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