United States Bankruptcy Court for the Northern District of Illinois

11/13/2026 | Press release | Distributed by Public on 11/13/2026 10:41

Bankruptcy Threshold Adjustment Act Signed Into Law

You are here

Bankruptcy Threshold Adjustment Act Signed Into Law

Friday, November 13, 2026

The Bankruptcy Threshold Adjustment Act has been signed into law, taking effect on November 10, 2026. The law permanently restores the Chapter 11, Subchapter V eligibility debt limit to $7.5 million. In addition, it increases the Chapter 13 debt limit to $2.75 million and eliminates the distinction between secured and unsecured debt for Chapter 13 eligibility purposes.

Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy - Form 201 is amended to change Question 8 to conform to the Bankruptcy Threshold Adjustment Act of 2026.

https://www.congress.gov/bill/119th-congress/house-bill/7730

https://www.uscourts.gov/forms-rules/pending-rules-and-forms-amendments/pending-or-recent-changes-bankruptcy-forms

United States Bankruptcy Court for the Northern District of Illinois published this content on November 13, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on November 13, 2026 at 16:41 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]