Helpful Bankruptcy Law Change
The new pandemic relief law includes some helpful changes to bankruptcy law, including some protection of the $600 economic impact payments.
Tag means test
Consumer Bankruptcy Changes in the CARES Act
The massive $2.2 trillion coronavirus relief law also includes some legal relief for both Chapter 7 and Chapter 13 consumer debtors.
Filing Chapter 13 in January May Greatly Shorten Your Case
Do you need a Chapter 13 case? WHEN you file it can mean the difference between a payment plan that takes 3 years and one that takes 5.
An Example Why Passing the Means Test May Be Easier in 2018
Filing bankruptcy before the end of December may help you qualify for Chapter 7 bankruptcy. Here's an example showing how this could work.
Pass the Means Test by Filing Bankruptcy in 2018
The timing of your bankruptcy filing can determine whether you qualify for quick Chapter 7 vs. paying into a Chapter 13 plan for 3-5 years.
New Bankruptcy Dollar Amounts Effective April 1, 2013 Could Affect Your Case
Here is a summary of the changes. They apply only to new bankruptcy cases filed starting April 1.
The After-Christmas Bankruptcy
It's human nature to hold off filing bankruptcy until after the holidays. Here's what you need to know once you think again about filing.
How to File a Chapter 7 “Straight Bankruptcy” Even If You Make More than the “Median Family Income”
The amount of your income may not disqualify you from Chapter 7.
I Make Too Much for Chapter 7, Owe Too Much for Chapter 13, So Now What Do I Do?
If you don't qualify for either Chapter 7 or 13, do you have to do a very expensive Chapter 11 reorganization? Or could you still qualify after all?
What is”Median Family Income”; If You’re Making More,Can You Still File Chapter 7?
If your family income is more than the "median family income," you may still be able to file under Chapter 7.
A Big Benefit to Owing Lots of Business Debt: Skip the “Means Test” and Qualify for Chapter 7
If you owe more business debt than consumer debt, then you can avoid not only the "means test" but also some other roadblocks to a successful post-business Chapter 7 bankruptcy case.
