Priority Income Tax Debts under Chapter 13
Chapter 13 gives you huge advantages for paying off your priority income tax debts. You're protected while you pay what you can afford.
More Bankruptcy Benefits for Your Home
Other bankruptcy benefits for your home include protection against other liens—from judgments, income taxes, and homeowner associations.
Why Timing Can Be So Crucial for the Means Test
The timing of your Chapter 7 filing--a difference of even just a day or two--can affect whether you qualify for it based on your income.
The Means Test is Based on Timing
Most people easily pass the means test based on their relatively low income. Timing plays a huge role in calculating your income.
Timing Can Be Crucial for Passing the Means Test
With smart timing you can take advantage of the unusual way that your "income" is calculated for the Chapter 7 means test.
A Simple Example of Passing the Means Test
We show by example how the means test works, when a person qualifies for a Chapter 7 case simply by income.
The New Median Income Amounts for the Chapter 7 “Means Test”
Besides the many 3-year cost of living increases happening on April 1, 2016, new median income amounts also start applying on the same day.
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.
Bankruptcy Timing and the Holidays: Filing in January to Qualify for Chapter 7 or Shorten Chapter 13 Case
Think about filing bankruptcy in early 2016 if you had some extra source of money in mid-2015.
Bankruptcy Timing and the Holidays: Extra Income in December Affecting the “Means Test”
We show step-by-step how filing bankruptcy before the end of December can enable you to qualify for Chapter 7 "straight bankruptcy."
Bankruptcy Timing and the Holidays
Filing bankruptcy in December instead of January can make the difference between qualifying for Chapter 7 or being forced into Chapter 13.
Bankruptcy Timing and the Holidays
Filing bankruptcy in December instead of January can make the difference between qualifying for Chapter 7 or being forced into Chapter 13.
Bankruptcy Timing and the Holidays
Filing bankruptcy in December instead of January can make the difference between qualifying for Chapter 7 or being forced into Chapter 13.
Bankruptcy Timing and the Holidays
Filing bankruptcy in December instead of January can make the difference between qualifying for Chapter 7 or being forced into Chapter 13.
Bankruptcy Timing and the Holidays
Filing bankruptcy in December instead of January can make the difference between qualifying for Chapter 7 or being forced into Chapter 13.
