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
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 …
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What is the difference between a Chapter 7 and a Chapter 13 bankruptcy?
After you have decided to file for bankruptcy, you may have to choose between the two types of bankruptcy proceedings that are available for individuals – Chapter 7 bankruptcy and Chapter 13 bankruptcy – depending on your eligibility for each. Deciding which type of bankruptcy is right for you is an important choice, because the type will determine whether you have to pay back at …
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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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