California Bankruptcy Means Test Explained

Bankruptcy Information

• When Selling Your House In Chapter 13, Timing Is Everything
  If you’re in an active chapter 13 bankruptcy case, or you are contemplating a bankruptcy filing, you may have your eyes on the potential sale of your real estate down the road. The timing of your decision is critical. In recent months, I’ve had a number of people come to my office with a real estate deal […]
• Bankruptcy Credit Counseling for just $5
  Consumer Bankruptcy Counseling is now available for $5 from the website: www.consumerbankruptcycounseling.info.  In 2005, Congress required all individuals wishing to file bankruptcy to first undergo a “Credit Counseling Briefing.” This counseling session is supervised by the office of the US Trustee and must be completed within six months prior to the bankr […]
• Why The Bankruptcy Means Test Is Just Plain Mean!
  Perhaps the most significant change to the Bankruptcy Code that came out of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 ( BAPCPA) was the addition of what is referred to as the “Means Test.” The Means Test is a calculation based upon your income and allowed monthly expenses that is used to determine whether […]
• Foreclosure Fraud by Robo-Signing Lawyers – Our Leaders Wish You’d Just Forget About It
  Much has been written over the last week about what President Obama calls a “landmark” foreclosure fraud settlement between 49 Attorneys General and the five largest banks.  With the lone exception of the National Association of Consumer Advocates, champions for Middle Class consumers have roundly criticized the agreement as a sweetheart deal for the banks.  […]