Chapter 13 Debt Limit

Requirement of 11 USC 109(e) concerning the maximum debt of a chapter 13 debtor. As of April 2010, this was $360,475 unsecured debt and $1,081,400 secured debt. These limits only apply to noncontingent liquidated debts, and are periodically adjusted for inflation.

Glossary Terms: 
Unsecured
Secured Debt
Liquidated
Noncontingent

Frequently Asked Questions

Our frequently asked questions also address Chapter 13 Debt Limit:

Am I Eligible for Bankruptcy?

This question is tricky in its simplicity. While almost every individual person is eligible to file a bankruptcy, the real consideration is eligibility for bankruptcy relief, which can vary from person-to-person. Most frequently, the question is "can I file a chapter 7 straight bankruptcy and obtain a fresh start with a discharge?"

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Blog Posts

We have discussed Chapter 13 Debt Limit in the following posts on our bankruptcy blog:

April 1, 2013 Bankruptcy Dollar Adjustments: What to Expect

Jan 17, 2013

The bankruptcy code at 11 USC 104 provides for the periodic adjustments of certain dollar figures in the bankruptcy code every 3 years to account for inflation. The next set of new figures will be effective April 1, 2013. Closer to that date, the courts will publish an official list of changes. However, the Consumer Price Index data needed for the adjustment is now available, so it is possible to predict what these adjustments will be.

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