Whoo hoo, simply in time to avoid wasting one in all our Chapter 13s with loopy excessive pupil mortgage balances and an ED POC that was gonna torpedo us.  Now we’re going to have the ability to file our adversary to hopefully drastically cut back the non-public pupil debt and make our consumer’s life a lot better!

Adjustments related to shopper chapter attorneys beginning April 1 embrace:

• 11 U.S.C. § 109(e) (debt limits for chapter 13):The unsecured debt cap has elevated from $419,275 to $465,275.
  The secured debt cap has elevated from $1,257,850 to $1,395,875

NACBA simply revealed the brand new numbers for this and extra.