Category Archives: Chapter 7 Means Test

What Is More Important To You? Saving Money For Retirement Or Paying Off Your Credit Cards?

Jul02

Trying to make a decision to file bankruptcy is a hard decision.  I grant you that.  It is one that you have to make by yourself.  All lawyers like me can do is give you the best advice possible.  However, I get asked all of the time why someone in a very tight financial situation […]

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Filed under Chapter 12 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Chapter 7 Means Test, Debt Collection, Interest, Of Interest, The Economy

Elizabeth Warren Discusses The Pressures Confronting The Two Income Family

Jul01

Elizabeth Warren is a professor at Harvard University School of Law that is well known for her research on economic issues and bankruptcy. She has written books on th subject, appeared before Congress on the subject, and teaches law on the subject. Here she discusses the economic pressures confronting the two income family […]

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Filed under Bankruptcy Code, Chapter 12 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Chapter 7 Means Test, Of Interest, The Economy, Videos

What Is The Chapter 7 Means Test?

Jul01

Generally speaking, if you have debts or obligations you cannot handle, or other financial difficulties, a way to resolve the situation is to file for bankruptcy. For most individuals there are two types of bankruptcy - chapter 7 and chapter 13. Chapter 7 is often called “straight bankruptcy” and with it you are […]

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Filed under Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Chapter 7 Means Test, Important Terms