by John Skiba, Esq. | Nov 5, 2013 | Chapter 7 Bankruptcy
Starting on November 15, 2013 there will be updated means test numbers here in Arizona for chapter 7 bankruptcy filers. What does this mean? Let me back up and start with what the “means test” is. Back in 2005 Congress, in its infinite wisdom, decided...
by John Skiba, Esq. | Nov 17, 2011 | Chapter 7 Bankruptcy
If you have looked into filing for bankruptcy you have likely come across something known as the Means Test. Back in 2005 Congress amended the laws related to bankruptcy and put in place new laws that they thought would force more people into a chapter 13 bankruptcy...
by John Skiba, Esq. | Jul 23, 2011 | Chapter 7 Bankruptcy
Yesterday Fox News reported that there was an increase in unemployment in a majority of the states. In this article I want to discuss how losing your job impacts your ability to file a Chapter 7 bankruptcy. First, one of the changes made to the bankruptcy code back...