Bankruptcy Threshold Adjustment Act
27 August 2026 | Reported by committee (Judiciary, as amended, H. Rept. 119-783)
What's next: Floor scheduling (leadership decides if and when it gets a vote)
Summary: The bill would increase debt limits for small business reorganizations under bankruptcy law, raising the threshold from roughly $3.4 million to $7.5 million. It would also raise the debt limit for wage earner bankruptcy plans from about $2.1 million to $2.75 million and change how debt is counted toward that limit by combining secured and unsecured debts.
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Posted 10 September 2026