H.R. 7730
Raises debt limits for small business and personal bankruptcy
Restores higher debt limits, which expired in 2024, for small-business (Subchapter V) and wage-earner (Chapter 13) bankruptcies.
- The small business limit rises from about $3.4 million to $7.5 million
- The Chapter 13 limit rises from about $2.1 million to $2.75 million, counting all debts together
Passed the House · Senate's turn