Tuesday, June 25, 2024
The Bankruptcy Threshold Adjustment and Technical Corrections Act (the “BTATC” Act), Pub. L. No. 117-151, temporarily increased the total debt thresholds for determining the eligibility of a debtor to proceed under chapter 13 and under subchapter V of chapter 11. The increased debt threshold sunset on June 22, 2024. The following Official Forms will be revised accordingly:
- Official Form 101 (line 13 revised)
- Official Form 201 (line 8 revised)
The revised forms will be published on the website of the United States Courts.