Written by attorney Christopher Ariano, over 2 years ago. STAFF PICK
If you are a repeat reader, you may have heard me discuss the means test. Specifically, I have a tendency to blabber something along the lines of "if you current income is lower than the IRS average... more
Written by attorney Michael Sices, over 3 years ago. STAFF PICK
To determine whether a Chapter 7 bankruptcy is abusive, Courts will use what is called a Means Test Formula, which has two important terms to define: Currently Monthly Income (CMI) - How much money... more
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