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Bankruptcy Blog

The Military Exemptions from the Chapter 7 “Means Test”

You qualify for Chapter 7 without having to pass the "means test" if you fit within these very specific military-related exemptions...

The Business Debt Exemption from the Chapter 7 “Means Test”

If your debts are not "primarily consumer debts" then you may be able to qualify for Chapter 7 bankruptcy much more easily...

You’re Now More Likely to Be Paid More Back Wages by Your Bankrupt Former Employer

Here's an adjustment in the law that can benefit you if you are owed wages and/or benefits by a person or business filing bankruptcy...

Larger Families More Likely to Qualify for Shorter Chapter 13 Cases

Soon families of larger than 4 people can have a bit more income and qualify for a 3-year Chapter 13 payment plan instead of a 5-year one...

A Chapter 13 Debt Limit Increase

As of April 1, 2016 you can have a little more debt and still qualify for a Chapter 13 "adjustment of debts"...

A Chapter 7 “Means Test” Calculation Adjustment

As of April 1, 2016 you can have a little more "disposable income" and still pass the "means test" to qualify for Chapter 7 bankruptcy...
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