Bankruptcy: Median Income is Falling, Fewer Qualify for Chapter 7

Bankruptcy: Median Income is Falling, Fewer Qualify for Chapter 7 Lower Median Income – Harder to Pass Bankruptcy Means Test As the economy continues to be sluggish and unemployment flourishes the median income of Tennessee and Georgia families has dropped … Read full article

Chapter 7 Bankruptcy : Exceptions to discharge of Debt

Chapter 7 Bankruptcy : Exceptions to discharge of Debt When you file a Chapter 7 bankruptcy does all of your debt get discharged – wiped out?  Typically this is the case, all unsecured debt is discharged and any secured debt … Read full article

Bankruptcy : How to Lower Chapter 13 Payments

Bankruptcy : How to Lower Chapter 13 Payments Bankruptcy Attorneys in Chattanooga, Tennessee (TN) Chapter 13 bankruptcy is a court ordered, court supervised plan to repay your debts over a period of 3 to 5 years.  When a person files … Read full article

Chapter 13 Bankruptcy Means Test

Means Test Chapter 13 Bankruptcy Are you eligible to file a Chapter 13 bankruptcy? The bankruptcy  form titled “Chapter 13 Statement of Current Monthly Income and Calculation of Commitment Period and Disposable Income”. This the means test Chapter 13 bankruptcy. … Read full article

Means Test in Chapter 7 and Chapter 13 Bankruptcy

Means Test in Chapter 7 and Chapter 13 Bankruptcy Do you Qualify to File for Bankruptcy? When a filing bankruptcy either Chapter 7 or Chapter 13, part of the process of determining a debtor’s eligibility is the “Means Test“.  In … Read full article