Latest on the Bankruptcy Blog

The means test is a two-part calculation that determines whether a debtor is eligible to file a Chapter 7 bankruptcy or a Chapter 13. If the debtor is not eligible for a Chapter 7 the means test will calculate the disposable income available to repay creditors in a Chapter 13 bankruptcy. The means test is  … Read more

One of the biggest benefits of filing bankruptcy is the automatic stay that goes into effect as soon as the case is filed. It means that your creditors (those you owe a debt) are not allowed to keep asking you for money. However, there are important expenses you need to consider. Bankruptcy Fees There are  … Read more

As the national state of emergency declaration begins to cease at each state level, many of the protections enacted over the course of the pandemic will suddenly disappear. For many Americans struggling to maintain their mortgage payment or avoid eviction, the harsh reality may soon set in. Eviction and foreclosure moratoriums will be lifted, leaving  … Read more