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Posts in Means Test

  • Oct 23 Who is Eligible to File for Chapter 7 Bankruptcy?

    Unlike Chapter 13 bankruptcy , which is available to everyone, you must be eligible to file under Chapter 7 of the U.S. Bankruptcy ...

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  • Aug 22 Income Median Levels & Bankruptcy

    One of the driving thrusts behind the 2005 Bankruptcy Reform laws (known as BAPCPA) was an effort to make it more "difficult" to ...

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  • Jun 13 Converting From a Chapter 13 to a Chapter 7

    With the advent of the income median level and the means test, debtors who previously might have been able to file a Chapter 7 ...

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  • Jun 05 The Chapter 13 Meeting of Creditors

    On a fundamental level, the 341 Meeting of Creditors is the same regardless of chapter. The meeting presents an opportunity for ...

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  • May 03 Key Differences Between Chapter 7 and Chapter 13

    One question that is asked, at nearly every single 341 Meeting of Creditors , is whether the debtor has reviewed the bankruptcy ...

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  • Dec 06 What is the Means Test?

    In 2005, the US Bankruptcy Code was amended to incorporate a means test. The design of the means test is to establish a way to ...

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