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Posted: June 28, 2024
Revised Official Forms 101 and 201
The Bankruptcy Threshold Adjustment and Technical Corrections Act, Pub. L. No. 117-151, temporarily increased the total debt thresholds for determining the eligibility of a debtor to proceed under chapter 13 and under subchapter V of chapter 11. The increased debt thresholds lapsed on June 21, 2024, and as a result, the following Official Forms have been revised:
- Official Form 101 – Voluntary Petition for Individuals Filing for Bankruptcy (Line 13)
- Official Form 201 – Voluntary Petition for Non-Individuals Filing for Bankruptcy (Line 8)
The updated forms are available on the U.S. Courts website at https://www.uscourts.gov/forms/bankruptcy-forms.