Archives for June 2014

It Keeps Getting Harder To Obtain Bankruptcy Help

Bankruptcy Help Is Harder To Get When you are struggling financially, you need bankruptcy help. You need to find a bankruptcy attorney that can take you from point A to point B. You want to get out of debt, you want to get a fresh start, you want to get back to a life without financial stress. Unfortunately, it seems to be getting harder and harder to get bankruptcy help.  Bankruptcy Filing Fees Increased Nationally On June 1, 2014, the filing fees to file bankruptcy cases throughout the country increased. The federal government is requiring an additional $29 per case under chapter 7 and under chapter 13 bankruptcy filings. Although this doesn't sound like a lot in and of itself, you have + Read More

Making Changes To Pass The Bankruptcy Means Test

Bankruptcy Means Test If you're trying to file a chapter 7 bankruptcy, you must first qualify. One of the qualifications is that you must pass the means test. The means test is a mathematical formula designed to prohibit those from filing a chapter 7 bankruptcy if they have the ability to repay a portion of their debt over time. If you are making under the state median based on your household size, then you will automatically pass the means test. However you must not have available money per month from your budget from which to pay a repayment plan. If you are over the state median for your household size, then you must submit to the bankruptcy means test.  How The Test Works The + Read More