Page:United States Statutes at Large Volume 108 Part 5.djvu/645

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,,«?•>*.• PUBLIC LAW 103-394—OCT. 22, 1994 108 STAT. 4135 SEC. 306. EXCEPTION TO DISCHARGE. Section 523(a)(2)(C) of title 11,,United States Code, is amended— (1) by striking "$500" and inserting "$ 1,000", (2) by striking "forty" and inserting "60", and (3) by striking "twenty" and inserting "60". SEC. 307. PAYMENTS UNDER CHAPTER 13. Section 1326(a)(2) of title 11, United States Code, is amended in the second sentence by striking the period and inserting "as soon as practicable.". SEC. 308. BANKRUPTCY PETITION PREPARERS. (a) AMENDMENT OF CHAPTER 1. — Chapter 1 of title 11, United States Code, is amended by adding at the end the following: "§110. Penalty for persons who negligently or fraudulently prepare bankruptcy petitions "(a) In this section— "(1) 'bankruptcy petition preparer' means a person, other than an attorney or an employee of an attorney, who prepares for compensation a document for filing; and "(2) 'document for filing* means a petition or any other document prepared for filing by a debtor in a United States bankruptcy court or a United States district court in connection with a case under this title. "(b)(1) A bankruptcy petition preparer who prepares a document for filing shall sign the document and print on the document the preparer's name and address. "(2) A bankruptcy petition preparer who fails to comply with paragraph (1) may be fined not more than $500 for each such failure unless the failure is due to reasonable cause. "(c)(1) A bankruptcy petition preparer who prepares a document for filing shall place on the document, after the preparer's signature, an identifying number that identifies individuals who prepared the document. "(2) For purposes of this section, the identifying number of a bankruptcy petition preparer shall be the Social Security account number of each individual who prepared the document or assisted in its preparation. "(3) A bankruptcy petition preparer who fails to comply with paragraph (1) may be fined not more than $500 for each such failure unless the failure is due to reasonable cause. "(d)(1) A bankruptcy petition preparer shall, not later than the time at which a document for filing is presented for the debtor's signature, furnish to the debtor a copy of the document. "(2) A bankruptcy petition preparer who fails to comply with paragraph (1) may be fined not more than $500 for each such failure unless the failure is due to reasonable cause. "(e)(1) A bankruptcy petition preparer shall not execute any document on behalf of a debtor. "(2) A bankruptcy petition preparer may be fined not more than $500 for each document executed in violation of paragraph (1). "(f)(1) A bankruptcy petition preparer shall not use the word 'legal' or any similar term in any advertisements, or advertise