Posted on March 19, 2003
WASHINGTON — U.S. Sen. Lamar Alexander today announced that he is co-sponsoring the "Bankruptcy Judgeship Act of 2003," to create bankruptcy judgeships in selected districts where they are direly needed. The bill would provide two additional judgeships in the western district of Tennessee, and extend four temporary bankruptcy judgeships in the eastern district. "This bill would provide the assistance Tennesseans and states across the country need to receive the timely relief that the bankruptcy code promises them," Alexander said. "In bankruptcy cases timing is often critical, and without additional judgeships, individuals and companies face significant, unnecessary and harmful delays." According to the Administrative Office of the U.S. Courts, more bankruptcies were filed in 2002 than any other time in history. The per-judge bankruptcy caseload has risen fifty-nine-percent over the past ten years, with no additional judgeships created. In Tennessee, there are currently five bankruptcy judges in the eastern, and four in the western districts. The bill, introduced by Sen. Joseph Biden (D-DE), authorizes the total creation of 29 additional judgeships across the nation.