Posts Tagged ‘The Bankruptcy Threshold Adjustment Act of 2026’

The U.S. Senate has unanimously passed bipartisan legislation backed by Delaware Senator Chris Coons that would expand access to bankruptcy protections for families and small businesses. The Bankruptcy Threshold Adjustment Act of 2026 would permanently restore higher debt limits for Subchapter V and Chapter 13 bankruptcies, allowing more Americans to qualify for streamlined financial relief.…