Many of our clients, who are currently in chapter 13 do not realize that the CARES Act allows them to extend their plans up to 84 months(instead of 60 months) if they can establish that COVID-19 has materially impacted their financial situation. At TAIEBLAW, we have...
Premier Consumer Bankruptcy Attorney in New Jersey
HOW DOES THE CHANGE OF EXEMPTIONS AND CHAPTER 13 DEBT LIMITS HELP ME WITH MY BANKRUPTCY FILING?
On April 1, 2019, the US government updated the Federal Register with new bankruptcy exemptions and Chapter 13 debt limits. Some examples of the changes are the homestead exemption increased from $23,675 to $25,150 and the wild card exemption increased from $1,250 to...