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
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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Some Debts May Remain After Bankruptcy
The decision about whether to file bankruptcy is a difficult to decision to make. People often worry about the lasting effects on their credit history and their ability to borrow money in the future. However, sometimes the advantage of being relieved of debt in a bankruptcy proceeding outweighs the disadvantages. In order to weigh the advantages and disadvantages for yourself, it 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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