Chapter 13 Debt Limits Increased Again on June 21, 2022 | Levitt & Slafkes, P.C.

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On June 21, 2022 the President signed into law the Bankruptcy Threshold Adjustment and Corrections Act . Among other things the Act increased the Chapter 13 debt threshold to $2.75 million. Both secured and unsecured debt counts towards this single limit. Previously there were separate limits applied to secured and unsecured debt. While