H.R. 7730, the Bankruptcy Threshold Adjustment Act, passed both the House and Senate on September 28, 2026.
H.R. 7730 — Bankruptcy Threshold Adjustment Act
What it does
This bill raises the debt thresholds that determine who can file for bankruptcy protection. It increases the small-business bankruptcy limit from the current level to $7.5 million in total debts, and raises the consumer bankruptcy limit for Chapter 13 filings (wage-earner repayment plans) to $2.75 million. The effect is to allow more businesses and individuals with higher debt loads to access bankruptcy courts, though the bill does not specify what the prior thresholds were.
Quorum's transparency scan gave Bankruptcy Threshold Adjustment Act a moderate transparency flag.
What happens next
H.R. 7730 passed both the House and Senate. It now goes to the President.
Who is behind it
Filed by Ben Cline. Cosponsored by David Taylor, J. Correa, Joe Neguse and Lance Gooden.
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