Tuesday, 31 March 2015

Bankruptcy Means Test - What Is the Bankruptcy Means Test in Jacksonville FL?


Bankruptcy Means Test explained by Jacksonville bankruptcy attorney Robert Peters in Jacksonville Florida http://restartyourlifejax.com There are several different versions of the means test for filing bankruptcy in Jacksonville Florida.

The gross income means test: If you make too much money, Congress wants you to file Chapter 13 bankruptcy. BUT there is another test, called the Net income means test or Complicated means test.

The other thing most people don't think about is the "Non-Consumer debtor" whose debt is not consumer debt related. What type of debt is non-consumer? Student Loans and IRS debt - if your non-consumer debt is greater than your consumer debt you can bypass the means test.

Visit us online and download our free e-books, we literally wrote the book on bankruptcy in Jacksonville Florida! :)
https://www.youtube.com/user/RobertPetersLaw/videos
http://restartyourlifejax.com

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