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
Most people easily pass the means test based on their relatively low income. Timing plays a huge role in calculating your income.
With smart timing you can take advantage of the unusual way that your “income” is calculated for the Chapter 7 means test.
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.