By Jeff Field | Published May 27, 2024 | Posted in 19COVID-, Bankruptcy, Chapter 13 | Tagged Tags: bankruptcy protection, coronavirus, debt limits | Leave a comment
Chapter 13 Debt Limit Scheduled to Return to Lower Level if Congress Does Not Act
Responding to the COVID-19 pandemic, Congress in 2022 passed the Bankruptcy Threshold Adjustment and Technical Corrections Act (BTATCA). This legislation greatly expanded the scope of relief granted to debtors under the Small Business Reorganization Act (SBRA) and Chapter 13 of the Bankruptcy Code. Specifically, the law raised debt limits for filers, expanding eligibility for bankruptcy Read More
Read MoreBankruptcy Can Provide Immediate Help for Struggling Debtors During the COVID-19 Crisis
Millions of Americans have been left unemployed as companies close their doors or reduce operations due to the coronavirus pandemic. While protecting public health and saving lives remain the utmost priorities, this is cold comfort for people struggling to meet their living expenses without an income. However, there are legal remedies that you can turn Read More
Read More
-
5.0/5.0Jeff Fields and staff made the bankruptcy exp. Worth doing thanks for your service.
-
5.0/5.0
Hands down I’ll definitely recommend everybody here if they are filing for bankruptcy. I just wanna thank y’all for everything yall did for me.
-
5.0/5.0
Jeff and Chase were great to work with. I was able to get answers to financial questions that I had. Service was quick and stress free! I would recommend them to anyone that needs help with their financial situation.
-
5.0/5.0
What can I say??? This process was smooth as ever. I spoke with an attorney in December just to get information on how the process works he explained and went over every question I could think of. We spoke again in March and got the process started a...
-
5.0/5.0
**Real review** I was extremely nervous filing a chapter 7 and going the bankruptcy route. You hear so many negative stories regarding following bankruptcy. However, I can honestly say this was the best decision I've made for my financial situation. ...
Please fill out the form below and one of our attorneys will contact you.
