Chapter 7
-
Chapter 7 Bankruptcy Means Test Median Family Income Levels By State, as of May 15, 2025
Below you will find the median family income levels utilized by the United States Trustee Program for means testing individuals who have filed for bankruptcy relief. Median income information is used in the means test utilized by bankruptcy courts when determining whether or not individuals qualify for relief under chapter 7 of the Bankruptcy Code.…
-
I surrender. Take my house. Actually, on second thought…
The Second District Court of Appeal issued an October 2019 opinion which bolsters creditors’ rights in the recently-developing interplay of federal bankruptcy law and Florida state foreclosure laws. Specifically, the opinion addressed the effect that a bankruptcy debtor’s surrender of collateral real property has on the debtor’s ability to defend a foreclosure. A Final Summary…