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Debt Limits Revert to 2020 Levels

Congress increased the Chapter 13 (and Subchapter V) debt limits in 2020 with the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). But that increase was temporary, and Congress did not act to extend the increase before it sunset on June 21, 2024. The debt limits for Chapter 13 have thus reverted to the March 2020 levels: $465,275 for unsecured debt and $1,395,625 for secured debt.


The last time the increase expired, Congress did later renew it, and applied the renewal retroactively, so the levels may increase again. In the meantime, it may be worth noting that the majority view appears to be that the debt limits are not jurisdictional. See, e.g., Gen. Lending Corp. v. Cancio, 505 B.R. 63, 69 (S.D. Fla.), aff'd, 578 F. App'x 832 (11th Cir. 2014).

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