Chapter 13 bankruptcy Debtor Secured debt 
Sawin & Shea
MAY 5, 2021
Filing for Chapter 7 or Chapter 13 Bankruptcy: Chapter 7 will wipe out (discharge) your medical debt along with other unsecured debt, but you must have low enough income to pass the means test in order to qualify for it. Chapter 13 bankruptcy is discussed below.
In the Red
FEBRUARY 4, 2022
The total debt amount in the definition of small business debtor in Section 101(51D) will rise to $3,024,725 from $2,725,625. Other adjustments will affect consumers more than business debtors. Official bankruptcy forms will likely be updated as April 1st draws near. . . .
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In the Red
FEBRUARY 15, 2019
The total debt amount in the definition of small business debtor in Section 101(51D) will rise to $2,725,625. Other adjustments will affect consumers more than business debtors. Official bankruptcy forms will likely be updated as April 1st draws near. Image Courtesy of Flickr by Pictures of Money.
In the Red
FEBRUARY 5, 2025
Other adjustments will affect consumers more than business debtors. For example, the debt limit for an individual to qualify for a Chapter 13 bankruptcy case will rise to $1,580,125 of secured debt, and certain exemption amounts will also increase.
In the Red
FEBRUARY 5, 2025
Other adjustments will affect consumers more than business debtors. For example, the debt limit for an individual to qualify for a Chapter 13 bankruptcy case will rise to $1,580,125 of secured debt, and certain exemption amounts will also increase.
In the Red
FEBRUARY 4, 2022
Other adjustments will affect consumers more than business debtors. For example, the debt limit for an individual to qualify for a Chapter 13 bankruptcy case will rise to $1,395,875 of secured debt, and certain exemption amounts will also increase.
In the Red
FEBRUARY 4, 2022
Other adjustments will affect consumers more than business debtors. For example, the debt limit for an individual to qualify for a Chapter 13 bankruptcy case will rise to $1,395,875 of secured debt, and certain exemption amounts will also increase.
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