The bankruptcy means test determines who can file for debt forgiveness through Chapter 7 bankruptcy. It takes into account your income, expenses and family size to determine whether you have enough ...
Getting the timing right can mean the difference between a successful bankruptcy and one that leaves debts behind.
Business Insider: Matthew Salerno, assistant professor at the School of Law, outlined the contours of the bankruptcy means test, which evaluates someone's finances to determine if they qualify for ...
Bankruptcy law does not set a single nationwide "maximum income" that cuts you off from relief. Instead, it asks a more ...
Income limits vary by bankruptcy type, state, and household size, but they're typically higher than people expect.