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What is the Bankruptcy Threshold Adjustment and Technical Corrections Act? - Daniel Straffi
From Straffi & Straffi Attorneys at Law – What is the Bankruptcy Threshold Adjustment and Technical Corrections Act? explains the recent legislative changes that have reshaped the bankruptcy landscape for individuals and small businesses. This podcast episode explores how the Bankruptcy Threshold Adjustment and Technical Corrections Act (BTATC Act), enacted in 2022, provided temporary relief by raising debt limits for Chapter 13 and Subchapter V filings. Originally introduced to extend pandemic-era protections from the CARES Act, the BTATC Act played a crucial role in making bankruptcy more…
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