Most people find the Means Test a pain the butt. I do. One thing clients don’t understand is why their spouse’s income matters even if their spouse isn’t filing a bankruptcy case. That’s because Congress says it matters. If you are receiving support in your household from your spouse, then you’re supposed to have that [...]
Current Monthly Income
Every individual who files a bankruptcy case must file a means test form. It doesn’t even matter if you are exempt from the means test, you still have to fill out the form. It’s complicated. (I thought that was only for relationships on Facebook – maybe not). Why? You have to prove to the satisfaction [...]
Oddly enough, “current monthly income” is neither “current” nor “monthly”. What we do is take the average of your gross income from all sources – another point of controversy – for the last six months.
