April Fools’ Day Brings Relief to Small Businesses and Individuals Filing Bankruptcy

The U.S. Bankruptcy Code will be implementing inflation adjustments in its eligibility and exemption limits by 13.2% across various provisions. The official adjustments have been published in the Federal Register, marking the first comprehensive update to bankruptcy thresholds since 2022.  A summary of key changes is set forth below....
By: Kerr Russell

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