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Press Release: Bill Signed: S 1097, S 2520, and S 3823

President Biden Signs Bill Extending Temporary $7 5 Million Subchapter V Debt Limit Increase Into 2024 | Fox Rothschild LLP

President Biden signed into law the Bankruptcy Threshold Adjustment and Technical Corrections Act, S. 3823, 117th Cong. (the “Act”), which, among other things, continues the temporary.

Biden Signs Bill Preserving Subchapter V $7 5M Eligibility Threshold

June 21, 2022, President Biden signed into law amended S. 3823, the Bankruptcy Threshold Adjustment and Technical Corrections Act. The Act was previously passed by the United States House of Representatives on June 7, 2022, and by the Senate on April 7, 2022.

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