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Bankruptcy

: The Debt Podcast

Evidence that the Median Income Tables Unfairly Push Working Poor into Chapter 13

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Under the BAPCPA amendments to the bankruptcy law, a presumption of abuse of Chapter 7 arises if your “median household income” exceeds the median income tables published by the United States Trustee’s office.  Although this presumption is rebuttable, as a practical matter the U.S. Trustee will object to almost any Chapter 7 case filed by [...]

Full post as published by The Debt Podcast on November 12, 2008 (boomark / email).

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