Median Income and Means Test in fair Oaks and Sacramento As you may have heard, the 2005 changes to the bankruptcy law added a Means Test to the bankruptcy process. the concept behind this is that if you have the means or ability to pay, you should be in a chapter 13 rather than a [...]
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A judge form the Bankruptcy Court for the Northern District of new York has ruled that the recent Supreme Court decisions in Hamilton v. Lannin, 130 S. Ct. 2464, 2468-69 (2010), and Ransom v. FIA CardServices, 131 S. Ct. 716 (2011), do not permit a bankruptcy court to disallow “means test” expenses in calculating the [...]
April 12, 2011 10:11 AM Howrey Faces Involuntary Chapter 7 Filing by Creditors Posted by Brian Baxter Howrey, which dissolved last month after 55 years practicing law, has been hit with an involuntary Chapter 7 petition filed by several of the defunct firm's creditors in the Northern District of California. the filing seeks to liquidate [...]