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Pending Bankruptcy Bill Could Expand Subchapter V Access for Fort Worth Small Businesses
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Pending Bankruptcy Bill Could Expand Subchapter V Access for Fort Worth Small Businesses
A bill awaiting President Trump’s signature would raise the debt limit for Subchapter V bankruptcy from approximately $3.4 million to $7.5 million, potentially opening the streamlined reorganization process to more small businesses in Fort Worth. According to The Dallas Morning News, the legislation would restore limits that expired in June 2024 and make them permanent. The change would apply only to cases filed on or after enactment. Subchapter…
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