Chapter 7 and 13 bankruptcy: means test – Asianjournal.com

TheStreet.comChapter 7 and 13 bankruptcy: means testAsianjournal.comThe Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA), enacted in October 2005, introduced the concept of the “means test” which is meant to determine whether debtor filers are eligible to file a Chapter 7 liquidation bankruptcy or …Why Some Retired People Might Consider Filing for BankruptcyTheStreet.comall 2 news articles »

Bankruptcy filings in region rise in June – Rochester Business Journal

Bankruptcy filings in region rise in JuneRochester Business JournalIn June, area bankruptcy petitioners filed 105 Chapter 7 and 28 Chapter 13 cases. There were no Chapter … Chapter 7 filers seek to absolve debts by liquidating assets to create a fund to pay creditors some or all of what they are owed. In so-called …and more »

No stripping allowed: Supreme Court rules that Chapter 7 debtor cannot strip … – Lexology (registration)

No stripping allowed: Supreme Court rules that Chapter 7 debtor cannot strip …Lexology (registration)On June 1, 2015, the United States Supreme Court decided Bank of America v. Caulkett, No. 13-1421, together with Bank of America v. Toledo-Cardona, No. 14-163, holding unanimously that a Chapter 7 bankruptcy debtor cannot “strip off” a junior lien.

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