Posted by attorney Jeffrey Foster. STAFF PICK
6 Months Income The first step in deciding whether to file bankruptcy is to evaluate your income over the last six months. This six-month income test is called the "means test" or median income test
Posted by attorney Alon Nager.
Chapter 13 is only available to individuals with regular income who reside, are domiciled, or have a place of business or property in the United States. Businesses may not file under chapter 13.... more
Posted by attorney Edward Dowling.
For consumer Bankruptcy ( as opposed to business Bankruptcy Chapter 11 ) there are basically 2 Chapters of the Bankruptcy code available, Chapter 7 and Chapter 13. The procedure for both... more
Posted by attorney Stephen Trezza.
The majority of bankruptcy filings are for Chapter 7. It is the quickest form, generally costs the least, and provides an immediate discharge of unsecured debt after the liquidation of any non-exempt... more
Posted by attorney Rand Zumwalt.
What Questions Does a Trustee Usually Ask at a 341 Meeting? A person who files a chapter 7 bankruptcy case must attend what is called a 341 Meeting, also known as a trustees meeting. Those who file... more
Posted by attorney John Rogers.
One of the most common questions that we get here in the office from clients or potential clients who are considering filing Chapter 13 bankruptcy regards changed circumstances while you are in... more
Posted by attorney Casey Yontz.
Bankruptcy Timeline The timelines and processes involved in a bankruptcy case in Arizona, are different depending upon which chapter of bankruptcy you file (Chapter 7, Chapter 13 or chapter 11).... more
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