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Where can you find the means test, and living expenses allowed per family

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    Where can you find the means test, and living expenses allowed per family

    Anyone know where I can find the means test, and allowable living expenses so I can get an idea on Chapter 7 VS. 13

    #2
    Means testing - http://www.usdoj.gov/ust/eo/bapcpa/meanstesting.htm

    IRS National Standards for Living expenses - http://www.usdoj.gov/ust/eo/bapcpa/b..._standards.htm
    I am not a lawyer and this is not legal advice nor a statement of the law - only a lawyer can provide those.

    06/01/06 - Filed Ch 13
    06/28/06 - 341 Meeting
    07/18/06 - Confirmation Hearing - not confirmed, 3 objections
    10/05/06 - Hearing to resolve 2 trustee objections
    01/24/07 - Judge dismisses mortgage company objection
    09/27/07 - Confirmed at last!
    06/10/11 - Trustee confirms all payments made
    08/10/11 - DISCHARGED !

    10/02/11 - CASE CLOSED
    Countdown: 60 months paid, 0 months to go

    Comment


      #3
      The means test has lots of wiggle room. If your a little over, you can get creative and end up passing.
      Filed Ch 7: 02Jun06.......Credit after BK:
      341: 28Jun06...............11Sep06 - Orchard Bank $300
      Discharged: 29Aug06.....15Sep06 - Hooters MC $1000
      Closed: 29Aug06...........18Sep06 - Cap One $300

      Comment

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