Category Archives: Means Test

Do I Have to File for Bankruptcy with my Spouse?

Posted on September 12, 2013 by

Debtors who are married often wonder if they are required to file for bankruptcy with their spouse.  The answer to this question is no; a debtor is not required to file for bankruptcy jointly with their spouse if they are … Continue reading →

Posted in Bankruptcy filing, Bankruptcy General, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Means Test, Protected Assets, Secured Property | Comments Off on Do I Have to File for Bankruptcy with my Spouse?

Bankruptcy and Divorce

Posted on June 6, 2013 by

Considering divorce and bankruptcy at the same time can be extremely stressful and confusing for all parties involved.  Often, individuals wonder what the best option is for them when considering bankruptcy and divorce.  Depending on the debt involved, the type … Continue reading →

Posted in Bankruptcy filing, Bankruptcy General, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Discharge of Debt, Means Test | Comments Off on Bankruptcy and Divorce

Median Income

Posted on November 28, 2012 by

When considering filing bankruptcy, many debtors begin researching on their own what their options might be.  To many, this means “google”-ing the word “bankruptcy” and seeing what results come up.  By researching options in this way, it is easy to … Continue reading →

Posted in Bankruptcy General, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Means Test | Comments Off on Median Income

Does Chapter 7 Bankruptcy Eliminate All Bills?

Posted on March 9, 2012 by

Chapter 7 eliminates most of a debtor’s unsecured debts. A debt is unsecured when the debtor did not pledge a personal property or real property as security for a loan. Sometimes, a security agreement is made without that the debtor … Continue reading →

Posted in Chapter 7 Bankruptcy, Discharge of Debt, Means Test | Tagged , , | 1 Comment