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Bankruptcy

: The Debt Podcast

Unusual Means Test Ruling Allows Chapter 7 Debtor to Receive a Discharge, Despite Failing the Means Test

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A recent Wisconsin case allowed a chapter 7 bankruptcy debtor to receive a discharge, even though she “failed” the means test, and even though she presented no special circumstances to rebut the presumption of abuse under section 707(b).  Instead, the court made the unusual ruling that section 707(b) states only that the court “may” dismiss [...]

Full post as published by The Debt Podcast on January 16, 2009 (boomark / email).

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