Most people easily pass the means test based on their relatively low income. Timing plays a huge role in calculating your income.
Domicile Residence’s Importance During Bankruptcy
Your domicile, and sometimes your residence, determines whether you can file bankruptcy, where to file, and what property you keep.
What’s Credit Counseling & Debtor Education?
These two requirements are quite straightforward to accomplish, but can trip you up if you don’t take care of them when you need to.
Bankruptcy As a Moral Choice
When is it moral to break your promises to pay your debts?
Debt Limits Are Increasing
As of April 1, 2016 you can have a little more debt and still qualify for a Chapter 13 “adjustment of debts”
Peace on Earth, Good Will to All: Merry Christmas!
Bankruptcy can bring you financial peace. And in that process you will likely be treated with respect and good will.
Louisville Bankruptcy Explained: Can You File Bankruptcy If You’re Not a U.S. Citizen?
Yes, you can usually file bankruptcy in the United States regardless of your citizenship status.
The Basics: The “Credit Counseling” Requirement
“Credit counseling” is not really counseling. It’s not difficult, but a necessity before you can file a bankruptcy case.
New Debt Limits Are Now in Effect in Chapter 13 Cases
As of April 1, you can owe more debt and still qualify for Chapter 13.