Friday, March 23, 2007

New Chapter 13 Debt Limits

The new debt limits for Chapter 13 have been published. The new limit for unsecured debt is $336,900 and the new limit for secured debt is $1,010,650. These debt limits will go into effect on April 1, 2007. The old limits were $307,675 and $922,975, respectively. Click here for a link to the federal register with all of the new dollar amounts.