New Bankruptcy Dollar Amounts after April 1, 2010

03 Mar New Bankruptcy Dollar Amounts after April 1, 2010

For bankruptcy cases filed after April 1, 2010, new dollar limits will apply. The changes can be viewed here: http://www.bkmass.com/misc/output.pdf. Most notably, the homestead cap will increase to $146,450. Also worth mentioning: the Chapter 13 debt limits and the dollar amounts of the federal exemptions will increase.

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Nicholas Ortiz, Boston Bankruptcy Attorney

From Attorney Ortiz: We have been helping consumers and small businesses in Massachusetts successfully navigate through the bankruptcy process since 2002. We offer free initial consultations and payment plans. Call us at 617-716-0282 to discuss your debt relief options. Mention the Bankruptcy Law Network when you call!
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