What is a means test?
A "means test" in a bankruptcy proceeding is one of the factors used to determine whether an individual debtor is eligible to file for bankruptcy under Chapter …
more
Legal Articles
Will filing for bankruptcy stop the bill collectors?
One of the most difficult aspects of owing debts that you cannot pay is dealing with your creditors, or the collection agencies that work for those creditors. Bill collectors often seem to stop at nothing to collect money from you, even if it means threatening you or not being truthful about the consequences of not paying off your debt. As a result, people in this situation often …
more
Filing for Chapter 11 Bankruptcy Protection
The United States Bankruptcy Code is long and complicated. It provides different requirements for businesses and individuals who are seeking bankruptcy protection. The Code is divided into chapters and people often refer to the chapter number pursuant to which they qualify to file for bankruptcy. Who Can File for Chapter 11? Chapter 11 Bankruptcy is usually used by businesses …
more
Bankruptcy Basics
This publication by the Bankruptcy Judges Division of the US Courts provides information to debtors and creditors about the federal bankruptcy …
more