Bankruptcy Threshold Adjustment and Technical Corrections Act 2022

Law Financial services Law

Date: 10th Nov, 2024 Source: Congress.gov Country: USA Original Source

Brief

The Bankruptcy Threshold Adjustment and Technical Corrections Act, enacted on June 21, 2022, aims to modify the eligibility requirements for a debtor under chapter 13. Key amendments include adjusting the definition of small business debtor, making adjustments for inflation, and modifying the confirmation process for plans. The act also includes technical corrections to the Bankruptcy Administration Improvement Act.

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Bankruptcy Threshold Adjustment and Technical Corrections Act 2022

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Brief

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