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means test

high income broke debtors… recent trends in bankruptcy

November 10, 2015chapter 13, chapter 7, means testLeave a commentTerrance Leeders

http://qz.com/520414/the-high-earning-poor/Do you earn a decent salary, but live...

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I is for Income

July 12, 2012Income, means test, Schedule ILeave a commentTerrance Leeders

Income.  So many topics to cover.  Schedule I is where income is listed in a bankruptcy petition. The Means Test Form 22a and Form 22C (chapter 7 or chapter 13 respectively) computes disposable monthly income too.  This is a 6...

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New updated median income figures for bankruptcy filers

February 7, 2008chapter 13, chapter 7, household size, means test, median incomeLeave a commentTerrance Leeders

Median income level for Illinois based on family sizeEffective: 2/1/08

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1 Earner
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Can a spouse file an individual bankruptcy?

March 21, 2007chapter 13, chapter 7, CMI, joint filing with spouse, means testTerrance Leeders

I received an email today from a prospective client asking if a spouse could file bankruptcy without her spouse. Excellent question.

Although both spouses are not required to file bankruptcy jointly, the Bankruptcy Code does require both...

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Feb 1 – Updated census bureau median income in Illinois

February 9, 2007bankruptcy petition, census bureau, CMI, means testLeave a commentTerrance Leeders

For Illinois Bankruptcy filings: Census Bureau Median Family Income By Family Size <h3 style="color: rgb(51, 255, 51);"...

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Bankruptcy Chapter 13 Law update

February 1, 2007chapter 13 bankruptcy, means testLeave a commentTerrance Leeders

Projected Disposable Income is the Same as Disposable Income(Form B22C Controls)In re Farrar-Johnson, WL 2662709 (Bankr. N. D. Ill. 9/15/06.)Under Chapter 13 where a debtor is above the median income, section 1325(b)(3) makes clear that Schedule...

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Leeders Law

2 days ago

Leeders Law
Now that school is out, are you looking for meals for your children? Summer MealsMeals will be available starting Tuesday, June 20 at schools across the city through the District’s LunchStop program. This program runs Monday to Friday from 10 a.m. to 12 p.m. between June 20 and August 11. Children up to the age of 18 can receive meals through the LunchStop program even if they are not enrolled in CPS.Later this month, the District will update its interactive map on the CPS website that allows families to find their nearest LunchStop location. Families will also be able to call (800) 359-2163 or text ‘FOOD’ or ‘COMIDA’ to 304-304 to find nearby CPS summer meal sites, along with operating days and times. ... See MoreSee Less

CPS Grab-and-Go Meal Sites

schoolinfo.cps.edu

CPS offers meals at outdoor school locations throughout the summer through the LunchStop program. LunchStop sites are open Monday through Friday, 10 a.m. to 12 p.m. from June 27 to August 12, 2022. Th...
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Leeders Law

2 months ago

Leeders Law
Did you know that bankruptcy can also help you reorganize your debt and make a payment plan that works for you? Learn more about Chapter 13 bankruptcy and how it can help you keep your assets while paying off your debts.312-346-7400 LeedersLaw.com #Chapter13Bankruptcy #DebtConsolidation #freshstart ... See MoreSee Less

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Leeders Law

2 months ago

Leeders Law
Bankruptcy can be a difficult decision, but it's important to remember that you're not alone. Many people have successfully filed for bankruptcy and come out on the other side with a fresh start. Share your bankruptcy success story in the comments to inspir#freshstartF#bankruptcyB#nodebtcy #nodebt ... See MoreSee Less

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