Debt Limit in Chapter 13
Debt limit: Pursuant to § 109(e) “only an individual with regular income that owes, on the date of the filing of the petition, noncontingent, liquidated, unsecured debts of less than $360,475 . . . may be a debtor under chapter 13 of this title.”12 For Chapter 13 relief, it is clear that only individuals qualify.… Read More »Debt Limit in Chapter 13