The Best Timing of Your Bankruptcy

Wasson and ThornhillBankruptcy Advice

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Photo by Monica Sauro on Unsplash There are many timing considerations when it comes to filing your bankruptcy case. Some can be real game changers. Here are 15 of them. Five weeks ago we started a series on why you should get legal advice from a bankruptcy lawyer. We’ve also been making a point of showing why it’s smart to … Read More

Showing How the Means Test Can Work for You

Wasson and ThornhillQualifying for Bankruptcy

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

The Means Test

Wasson and ThornhillQualifying for Bankruptcy

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.