The Means Test - How it works

[LadynRed]

An excellent explanation of how the means test works:

http://www.bankruptcylawnetwork.com/2007/02/28/means-test-in-action/

For a visual guide, Moran Law has this Means Test Map:

http://www.moranlaw.net/means_test_page.htm

[jq26]

From the article posted above on the means test:

"...In a year and a half of working with the means test, I’ve had only 2 families who wanted to file Chapter 7 excluded by the means test. The UST in the Eastern District of California recently recounted that their office only succeeded in knocking a fraction of one percent of filers out of Chapter 7. The means test may well be a paper tiger."

This is important because the general public is made to believe (maybe on purpose) that the means test will knock you out if you have decent income. Not generally the case...

[HouseofPain]

interesting read, the links in many posts here have given me a wealth of information over the last few weeks. Thanks

[Wallace]

Hi

I have read the article mentioned in the given link and i find very precise and to the point in approach.Thanks for providing such a useful information.After becoming member of this forum I consider myself very confident.

[bkbankruptcy]

Thanks for an idea, you sparked at thought from a angle I hadn’t given thoguht to yet. Now lets see if I can do something with it.