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U.S. Trustee releases means test numbers to be used for Chapter 7 qualification

The U.S. Trustee’s Office has released the latest numbers for Median Family Income Based on State/ Territory and Family Size which are used in the means test qualification for Chapter 7 bankruptcy....

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Michael Sheridan defeats U.S. Trustee’s motion to dismiss his clients’...

When you file for chapter 7 bankruptcy, you must meet 2 income qualifications. First, you must pass the means test. The means test mechanically calculates whether you have the “means” to pay back a...

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U.S. Trustee’s Office releases updated bankruptcy means test numbers

The U.S. Trustee’s Office, which is the governmental agency that oversees the administration of bankruptcy cases, has released the latest numbers for means test qualifications used in Chapter 7 and...

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