Source: Link to Form B 122A-2 Chapter 7 Means Test Calculation "Do I make too much money to file bankruptcy?" is a common question I get from potential clients. The short answer is no, but earning too much may prevent you from filing under Chapter 7. A debtor who earns more than the state's … [Read more...]
Bankruptcy Basics: The Chapters of Bankruptcy in a Nutshell
Filing for bankruptcy is more than merely filing a petition in court; the Bankruptcy Code provides for five different chapters under which a debtor can file. Much work has to be done before filing to select the appropriate chapter for the client as each chapter has its own unique rules and … [Read more...]