The Means Test To qualify for Chapter 7, every debtor must pass the Bankruptcy “Means Test.” The test is designed to take your income and… Read More »Is Income from Veterans’ Benefits Included in the Bankruptcy Means Test
The Bankruptcy Means Test For bankruptcy purposes, the means test is a calculation that determines whether you qualify for a Chapter 7, a 3 year… Read More »What is the Bankruptcy Means Test
Chapter 13 Bankruptcy There are two main types of consumer bankruptcy cases. Chapter 7 and Chapter 13. Chapter 7, is generally considered liquidation. Meaning, the… Read More »Chapter 13 Bankruptcy Overview
Chapter 13 Bankruptcy Plan Payment The Chapter 13 is a repayment plan. However, you do not necessarily have to pay back 100 percent of your… Read More »The Chapter 13 Bankruptcy Plan
What if my income changes during Chapter 13? A common question while determining whether to file for Chapter 13 bankruptcy or during a pending Chapter… Read More »Income Changes During Chapter 13 Bankruptcy
How to Qualify for Chapter 13 When a person does not qualify for Chapter 7, Chapter 13 can be a great second option. Below is… Read More »Do I Qualify for Chapter 13?
Will Chapter 13 Benefit Me? Filing a Chapter 13 bankruptcy offers many benefits to a debtor who is overwhelmed with debt, but who owns assets… Read More »Chapter 13 Benefits
What is the Chapter 13 Bankruptcy Process? The Chapter 13 bankruptcy process should always begin with a bankruptcy attorney. Debtors should consult with an attorney… Read More »Chapter 13 Bankruptcy Process
Your assets are all of the property that you own. An easy way to determine whether you own a piece of property is to review… Read More »Assets in a Chapter 13 Bankruptcy