You are here

Notice Regarding Subchapter V and Chapter 13 Debt Limit Legislation

Monday, June 17, 2024

Unless Congress passes pending legislation, on June 22, 2024, the Subchapter V debt limit will drop from $7,500,000 to $3,024,725, and the Chapter 13 threshold of $2,750,000 for both secured and unsecured debt will revert to a two-part test that limits eligibility to a maximum of $465,275 for unsecured debt and $1,395,625 for secured debt.