Bankruptcy Judgeship Act of 1986 - Amends the judicial code to increase the number of bankruptcy judges: (1) from two to three for the Eastern and Western Districts of Arkansas; (2) from seven to nine for the Northern District of California; (3) from four to six for the Eastern District of California; (4) from 12 to 19 for the Central District of California; (5) from three to four for the Southern District of California; (6) from two to four for the Middle District of Florida; (7) from four to six for the Northern District of Georgia; (8) from one to two for the Southern District of Georgia; (9) from one to two for Idaho; (10) from eight to ten for the Northern District of Illinois; (11) from two to three for the Central District of Illinois; (12) from two to three for the Northern District of Indiana; (13) from one to two for the Northern District of Iowa; (14) from one to two for the Southern District of Iowa; (15) from two to three for the Western District of Kentucky; (16) from two to three for Maryland; (17) from two to three for the Western District of Michigan; (18) from one to two for Nebraska; (19) from two to three for Nevada; (20) from five to seven for New Jersey; (21) from one to two for the Northern District of Oklahoma; (22) from two to three for the Western District of Oklahoma; (23) from four to five for Oregon; (24) from one to two for South Carolina; (25) from two to three for the Eastern District of Tennessee; (26) from two to three for the Western District of Tennessee; (27) from four to five for the Northern District of Texas; (28) from three to six for the Southern District of Texas; (29) from two to three for the Western District of Texas; (30) from two to three for Utah; (31) from three to four for the Eastern District of Virginia; (32) from one to two for the Eastern District of Washington; (33) from four to five for the Western District of Washington; and (34) from three to four for the Eastern District of Wisconsin. Makes members of the bar of the Commonwealth of Puerto Rico eligible for appointment to bankruptcy judgeships.