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 [...]
median income
Before you file Chapter 7 bankruptcy – or even under Chapter 13 – you must first determine if you are above the “median income”. The median income test is based on the average income earned your state and is calculated each year by the U.S. Census Bureau. The “income” you must consider is not necessarily [...]
