11/12/2026 | Press release | Distributed by Public on 11/12/2026 09:47
On November 10, 2026, the White House announced that H.R. 7730, the Bankruptcy Threshold Adjustment Act, had been signed into law. The Act permanently increases the debt eligibility limit for small businesses seeking reorganization under Subchapter V of Chapter 11 to $7.5 million. It also establishes a combined debt limit of $2.75 million for individuals seeking relief under Chapter 13. These amendments apply to bankruptcy cases commenced on or after November 10, 2026. For additional information, parties are encouraged to consult the Act and applicable provisions of the Bankruptcy Code.
Frank J. Perry, Acting Clerk of Court