You must use the right “state in which you live” to qualify for Chapter 7. It’s not always obvious. Our last blog post a couple days ago was about the unique definition for “income” as used in the “means test.” Understanding this definition and ... Read More »
What is Considered “Income” for the Chapter 7 “Means Test”
“Income” is not what you think it is—it’s much broader than usual and fixates on the 6 full calendar months before your bankruptcy filing. Our last blog post a couple days ago was about an upcoming cost of living adjustment of median family income amounts. This ... Read More »
