Subchapter V debt limit will increase to $3,424,000
The National Law Review reports that the Subchapter V debt limit will increase to $3,424,000 on April 1, 2025. Currently, the Subchapter V debt limit is $3,024,725. The full article can be found at: https://natlawreview.com/article/bankruptcy-dollar-amounts-set-rise-significantly-april-1-2025 Clients or their advisors with questions about Subchapter V Bankruptcy should contact Jim Shenwick, Esq. Jim Shenwick, Esq. 917-363-3391[email protected]Please click the link to schedule a telephone call with me: https://calendly.com/james-shenwick/15minWe help individuals and businesses with excessive debt!
Updated daily, this blog will keep you informed on the latest bankruptcy news!
Learn more about how Bankruptcy works and what you need to know.