By Michael O'Leary | Published July 5, 2022 | Posted in Bankruptcy | Tagged Tags: bankruptcy, debit, debit limit increase |
Effective June 21, 2022 the new total debt limit threshold for Chapter 13 eligibility is $2,750,000.00 in “non-contingent, liquidated debts” owed on the date of the bankruptcy filing. This new threshold limit does not distinguish between secured and unsecured debt, and the same limit applies to both the debt of a single individual filing a Read More
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