Once you figure out current monthly income for your means test, you need to match it up to see where you stand.
You’ve completed the first part of the onerous means test for your bankruptcy case.

Income is money that you make. And more.
When we look at the means test, we begin with a discussion of your income averaged out over the past six months.
If you’re married and living together, we look to your spouse’s income as well.

Is Washington poised to turn federal student loans into the new adjustable rate mortgage?
On July 1, 2013 rates for new federal student loans will double to 6.8 percent, from 3.4 percent.

Bankruptcy is one of the most powerful tools consumers can utilize to regain financial control.  When considering this option you should get a clear idea as to how it can help improve your situation.  It may help you eliminate qualifying debt obligations while helping you reestablish others.  Plus, depending on your situation one chapter may [...]

If you file bankruptcy, you’ve got to complete the means test form. Period.
One of the odder requirements of the bankruptcy law rests in the means test.
The thinking behind it is that people who have had an income higher than more than half of the other people in their state for the six months prior to filing bankruptcy are better able to repay their debts.

Pop quiz time.  What’s the biggest waste of time and money in the bankruptcy law?
It makes no sense on any level. In order to file for bankruptcy you need to go through a mandatory credit counseling certification process.

By John Clark
Struggling comedian Sinbad, who reached the height of his fame in the 1990s, is filing for a second bankruptcy, according to an Associated Press report.
The comedian and actor, whose real name is David Adkins, filed for bankruptcy in 2009, but his case was eventually dismissed, sources say.
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Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for May 23, 2013 Atari seeking $22.2 million in bankruptcy auction Busy New York Bankruptcy Court Faces Budget Crunch Bankruptcy attorney Randolph Goldberg sentenced to prison

Many people who think about getting debt discharged may assume it can only be erased through Chapter 7 bankruptcy.  In fact, Chapter 13 bankruptcy has the ability to not only discharge debt, but in some cases may help eliminate debt that is not eligible for discharge in Chapter 7.  Meaning, you may be given a [...]

If you find yourself in over your head after filing for bankruptcy, there are options.
Life has a funny way of going left when you want it to go right.
You file for bankruptcy, go through the process, and come out the other end.
Though you swear you’ll never be in that situation again, sometimes the unexpected happens.