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Pres. Biden has signed the S. 3823, the “Bankruptcy Threshold Adjustment and Technical Corrections Act"--which increases for two years the debt limit for individuals filing for bankruptcy under Chapter 13 (i.e., the wage earner's plan) to $2.75 million and allows both secured and unsecured debt to count towards this single limit. (Currently, separate limits apply to secured and unsecured debt.)…
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