Tag Archives: exemptions increase
2013 Bankruptcy Code Inflation Adjustments
This April 1, while Americans enjoyed light-hearted April Fools’ Day fun, an important change in bankruptcy law went into effect. Bankruptcy laws contain certain fixed amounts for exemptions and debt limits. Every three years, these amounts are adjusted for inflation. In 2013, the bankruptcy inflation adjustment increases by 6.3% the dollar value of exemptions allowed […]
