Tag: bankruptcy
Jun 15, 2020 - Bankruptcy by Tom Gilman
If your business has been struggling and you have considered seeking help in a bankruptcy, you may wonder whether the Means Test would apply to your case. The short answer is “No.” What is the Means Test? It was added to the Bankruptcy Code in 2005 as part of the […]
Apr 25, 2017 - Bankruptcy by Tom Gilman
Having your student loans discharged in a Chapter 7 bankruptcy case is very difficult; you must show that repayment would cause you “undue hardship.” Because of this, many courts use a three-factor test, called the Brunner Test, to determine if you can meet the undue hardship requirement for student loan discharge. Recently, […]
Dec 7, 2016 - Bankruptcy by Hinkle Law Firm
Many times financial problems lead to marital problems. When marital problems cannot be resolved and one or both parties decide a divorce is necessary, there are several decisions you must address before you take action. If you are considering filing for bankruptcy, you would want to consider whether both spouses […]
