03 May 2022

The Waiting is the Hardest Part

On April 7, 2022, the United States Senate passed the Bankruptcy Threshold Adjustment and Technical Corrections Act. If passed into law, it would restore the debt limit for Subchapter V cases back to $7.5 million (as the $7.5 million debt limit lapsed to $3,024,725 after expiration of the CARE Act). While waiting for the law to pass, check out these resources on Subchapter V. 

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