Chapter 7 Means Test Explanations
The Chapter 7 means test determines whether an individual debtor qualifies for relief under Chapter 7 of the Bankruptcy Code. The test is required by 11 U.S.C. §707(b)(2) and uses formulas based on household...
Tagged: Form 122A-1
Chapter 7 Bankruptcy Forms
Individuals who file for bankruptcy under Chapter 7 must complete a set of Official Bankruptcy Forms created by the Judicial Conference of the United States. These forms provide detailed information about income, expenses, assets,...