Bankruptcy Threshold Adjustment Act
28 September 2026 | Passed Senate (unanimous consent)
What's next: Presidential review (±10 days)
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 29 September 2026