Category Archives: Chapter 13 Bankruptcy
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Chapter 13 Debt Limit Increases with New Law
The Chapter 13 debt limit was raised to $2.75 million on June 21, when President Joe Biden signed the Bankruptcy Threshold Adjustment and Technical Corrections Act into law. Previously, the debt limit to file for Chapter 13 was $1,257,850 in secured debt and less than $394,725 in unsecured debt. The new limit is not… Read More »