What are the 2025 Chapter 13 Bankruptcy Debt Limits?

The Bankruptcy Code sets specific limits on the amount of debt that a person can reorganize in a Chapter 13 bankruptcy. There are separate limits for both secured debts and unsecured debts. These debt limits are calculated per each debtor where a married couple files a joint chapter 13 bankruptcy case. These “debt limits” [...]

2025-07-22T21:03:17+00:00January 20th, 2025|Acquisitions, Bankruptcy, Bankruptcy Alternatives, Business Bankruptcy, Chapter 11 Bankruptcy, Chapter 12 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Debt Settlement and Reorganization, Financial, Governments, New Jersey Assignment for the Benefit of Creditors, News & Insights, Subchapter V Bankruptcy|
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Business Insolvency – Finding The Right Legal Solution For You

Business insolvency means that a business has more debts (more liabilities) than its assets. A business is distressed if it cannot generate enough revenue to cover its operating costs. If your business is insolvent, distressed, or both, you may be considering options for liquidation of your business. There are two (2) main business liquidation options [...]

2021-03-16T19:47:23+00:00March 11th, 2021|Business Bankruptcy, Chapter 7 Bankruptcy, New Jersey Assignment for the Benefit of Creditors|
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MIDDLEBROOKS SHAPIRO, P.C.

Mailing Address:
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Belmar, New Jersey 07719-1630

Newark, NJ Office:
59 Lincoln Park, Suite 120
Newark, New Jersey 07102

Springfield, NJ Office:
841 Mountain Avenue
Springfield, New Jersey 07081

973-218-6877 (office)
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The Law Firm of Middlebrooks Shapiro, P.C. in Springfield, New Jersey provides comprehensive bankruptcy law services to clients throughout New Jersey and New York, including Union County, Essex County, Hudson County, Somerset County, Bergen County, Monmouth County, Ocean County including the communities of Springfield, Union, Cranford, Scotch Plains, Mountainside, Berkeley Heights, Westfield, Summit, Hillside, Newark, Jersey City, Cranford, Kenilworth, Belmar, Wall, Long Branch, as well as to residents of Manhattan, Brooklyn, the Bronx, Queens, Long Island, and other communities.

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