Adam R. Prescott · Kyung S. Lee · Kellie W. Fisher
The June 2024 reversion cut the Subchapter V debt ceiling from $7.5 million to its inflation-adjusted $3,424,000, stripping eligibility from a class of mid-size debtors who qualified two years ago—and S. 3977, introduced in March 2026, would restore the higher figure, leaving the threshold a moving target counsel must screen against in real time. Any…
Alexa T. Dubert, Esq. · William V. Horan, CES · Glenn M. Johnson, Esq. · Robert D. Schachat, Esq. · Aaron S. Gaynor, Esq. · Matthew E. Rappaport, Esq. · Terence F. Cuff, Esq. · Christopher A. Cunningham, Esq. · Mary B. Foster, Esq. · Libin Zhang, Esq.
Internal Revenue Service
Alexa T. Dubert, Esq. · William V. Horan, CES · Glenn M. Johnson, Esq. · Robert D. Schachat, Esq. · Aaron S. Gaynor, Esq. · Matthew E. Rappaport, Esq. · Terence F. Cuff, Esq. · Christopher A. Cunningham, Esq. · Mary B. Foster, Esq. · Libin Zhang, Esq.
Internal Revenue Service