Source: Adjustment of Certain Dollar Amounts in the Bankruptcy Code A Notice by the Judicial Conference of the United States on 02/04/2022 Affected sections of Title 28 U.S.C. and the bankruptcy code Dollar amount to be adjusted New (adjusted) dollar amount 1 28 U.S.C. Section 1409(b)—a trustee may commence a proceeding arising in or related to a case to […]
April 1, 2021 Median Income Update for Bankruptcy Means Test The Means Test Calculator on the LegalConsumer.com website has been updated to incorporate the fact that The Executive Office for U.S. Trustees (EOUST) has published its updated April 1, 2021 median income data for the bankruptcy means test. New Median Income numbers up 1.2% across the board The […]
As of January 1, 2021 Californians will enjoy a new homestead exemption law for California which will allow debtors to protect as much as $600,000 of their home’s equity.
Getting rid of student loans in bankruptcy is difficult—but recent research shows you’re more likely to succeed now than in the past.
If you have a car loan at the time you file for Chapter 7 bankruptcy, can “reaffirm” the debt, return the vehicle to the lender, or redeem your car loan.
Will employers, landlords, family or friends find out if you file for bankruptcy? Learn who needs to know and how they’ll get the news.
People are twice as likely to file for bankruptcy if they lose their health insurance or let it lapse, according to recently published data.