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 …
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Legal Articles
What are the basics of a Chapter 13 bankruptcy?
With recent changes in bankruptcy law, more and more people are finding themselves ineligible for traditional Chapter 7 bankruptcy, or liquidation; as a result, the trend is toward more Chapter 13 bankruptcy filings. By filing Chapter 13 bankruptcy, you are essentially entering into a repayment plan that permits you to repay all or a portion of your debts over a certain time …
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How to File Bankruptcy
Sometimes bankruptcy is inevitable. You understand the consequences of filing bankruptcy and have decided that bankruptcy makes the most sense for your future. So, how do you go about taking the next step and filing for bankruptcy? Consider Hiring an Attorney Many people decide to hire a bankruptcy attorney prior to formally filing for bankruptcy. In most cases, this is …
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Bankruptcy Basics
This publication by the Bankruptcy Judges Division of the US Courts provides information to debtors and creditors about the federal bankruptcy …
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