The Rigid “Means Test” Makes the Timing of Your Bankruptcy Filing Critical
Waiting just one day to file your Chapter 7 bankruptcy case can make qualifying for it much easier—or much harder! How could such a small delay make such a big difference? One of the main goals behind the huge amendment to the bankruptcy law in 2005 was to force more people to pay a portion […]
Residential Income Segregation Varies Widely Across the U.S.
Increasingly, the rich live among the rich, and the poor among the poor. Especially in the big cities of Texas. Less so in Miami, Cincinnati, Boston, Sacramento, and Portland.
What is “Median Family Income,” and If You’re Making More Than That Can You Still File a Chapter 7 Case?
If your family income is more than the “median family income,” you may still be able to file under Chapter 7.