Wednesday, March 3, 2010

New Dollar Amounts in Bankruptcy

For bankruptcy cases filed after April 1, 2010, new dollar amounts will apply. The list of changes can be viewed here: http://www.bkmass.com/misc/output.pdf. The most notable increases are the Chapter 13 debt limits, the dollar amounts of the federal exemptions, and the homestead cap (increased to $146,450).

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