Topic
Means Test
60 published works
Wills, Trusts & Estates Prof Blog
When People Might Have To Pay Medicare Premium Surcharges
There are about 50 million senior citizens who receive health insurance coverage from Medicare. This article discusses how means testing can lead to surcharges for Medicare Part B and Part…
Texas Bankruptcy Blog
What If I Don’t Qualify for Chapter 7 Bankruptcy
By Bryan Fears
In order to file Chapter 7 Bankruptcy, you will need to complete and pass a Means Test, which is filed as part of your bankruptcy paperwork with the Court. In…
NC Bankruptcy Blog
Skipping the Means Test with Non-consumer Debt
The chapter 7 means test serves to limit eligibility to file chapter 7 bankruptcy, posing a problem for individuals with household income above the state median income and with expenses…
Texas Bankruptcy Blog
What Records Will the Bankruptcy Trustee Require?
By Bryan Fears
The bankruptcy system is built on trust. It really isn’t designed that way, at least not intentionally, but this trust system has developed from necessity. The volume of bankruptcy cases…
Texas Bankruptcy Blog
VA Benefits and Bankruptcy
By Bryan Fears
With malice toward none, with charity for all, with firmness in the right as God gives us to see the right, let us strive on to finish the work we…
Texas Bankruptcy Blog
How Having a Car Loan Can Help in Bankruptcy
By Bryan Fears
The U.S. Supreme Court in Ransom v. FIA Card Services instructs that above-median debtors can take a vehicle ownership deduction of around $500 on the Means Test when calculating Projected…
Texas Bankruptcy Blog
Why File an Individual Chapter 11 Bankruptcy?
By Bryan Fears
While an individual may qualify for several different chapters in the Bankruptcy Code, most consumer debtor attorneys only concern themselves with two: Chapter 7 and Chapter 13. Occasionally, a high…
Texas Bankruptcy Blog
Passing the Means Test isn’t the End of the Story. . .
By Bryan Fears
Good news! You passed the Means Test! Bad news! You underreported your expenses on Schedule J and the trustee has filed a Motion to Dismiss your Chapter 7 case! Many…
Georgia Bankruptcy Law Network
Will Your Student Loans Help You Pass The Means Test?
By Scott Riddle
We have discussed the Means Test in detail in this post. "Passing" the Means Test is the key to qualifying for Chapter 7 Bankruptcy, which is a much better option…
Texas Bankruptcy Blog
Avoid the Bankruptcy Means Test
By Bryan Fears
The great Chinese military general Sun Tzu once wrote, “The best victory is to win without actually fighting.” In bankruptcy, the best way to beat the means test is to…