Here’s an example showing how the means test can work for you, especially if you file your Chapter 7 case before the end of 2018. The month of December is the month that people receive more income than any other month of the year. According to the federal Bureau of Economic Analysis (part of the U.S. Department of Commerce), for at … Read More
When you file your bankruptcy case can determine whether you qualify for Chapter 7. Filing sooner may help you pass the means test. Timing Can Be SO Important There are lots of ways you could greatly benefit from meeting with a bankruptcy lawyer sooner rather than later. You may save yourself lots of money by choosing an option that … Read More
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.
Determining your correct “applicable state” can make the difference between passing and failing the means test.
We show by example how the means test works, when a person qualifies for a Chapter 7 case simply by income.
You can have more income for the purpose of passing the means test as your household size increases. But what IS your household’s size?
You have to pass the means test to qualify for a Chapter 7 case. It’s often an easy test to pass but one with some crucial twists and turns.
You must use the right “number of people in your household” to qualify for Chapter 7. It’s not always obvious.
You must use the right “state in which you live” to qualify for Chapter 7. It’s not always obvious.
You qualify for Chapter 7 without having to pass the “means test” if you fit within these very specific military-related exemptions.
We show step-by-step how filing bankruptcy before the end of December can enable you to qualify for Chapter 7 “straight bankruptcy.”
Chapter 13 “adjustment of debts”gives you extraordinary advantages over creditors, especially over certain kinds of creditors.
The reality is that most people who want to file a “straight bankruptcy” Chapter 7 case can do so; if not, Chapter 13 may be better anyway.
Yes, you can usually file bankruptcy in the United States regardless of your citizenship status.
Chapter 13 has many benefits not available under Chapter 7. So what determines whether you can file under Chapter 13?
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