Archive for May, 2009

Determining Household Size for Means Test

By Nicholas Ortiz, Boston Bankruptcy Attorney on May 20, 2009 in Means Testing

The means test is a key feature of the 2005 BAPCPA bankruptcy amendments. It incorporates state median income figures to determine who should pay back some of their debts in a Chapter 13 plan. Median income is on a sliding scale based on [...]

May 20, 2009   Posted in: Bankruptcy News  No Comments