National Guard and Reservist Debt Relief Extension Act of 2011

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

National Guard and Reservist Debt Relief Extension Act of 2011 - Amends the National Guard and Reservists Debt Relief Act of 2008 to exempt for an additional four-year period qualifying Armed Forces reserve component and National Guard members (who, after September 11, 2001, are called to active duty or to perform a homeland defense activity for at least 90 days, and remain eligible for an exemption during the 540-day period following such active duty or homeland defense activity service) from the application of the means-test presumption of abuse under chapter 7 (Liquidation) of the Bankruptcy Code, as amended by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov