
Owe Between $3.4 and $7.5 Million? Why the New Subchapter V Debt Limit Matters Before You Ever Think About Filing
Congress is poised to significantly expand access to Subchapter V, the streamlined Chapter 11 process designed for small business debtors. If signed into law, the Bankruptcy Threshold Adjustment Act will permanently raise the Subchapter V debt limit to $7.5 million, more than doubling the current $3,424,000 cap and potentially making the streamlined process available to […]
Author: David Edelberg

