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The U.S. Trustee’s Office, which is the governmental agency that oversees the administration of bankruptcy cases, has released the latest numbers for means test qualifications used in Chapter 7 and Chapter 13 bankruptcies. The new numbers will to be used in all consumer Chapter 7 bankruptcies filed after November 1, 2017. Download Full Image The means test calculates gross annual income based on the previous six months of gross income for the household, to determine if an individual or couple qualifies for chapter 7 bankruptcy. The projected annual gross income is then measured against the Median Family Income for the… Read More
Slip and fall injuries are the most common types of workplace injuries, most often occurring n jobs such as construction. They pose an even greater danger during the winter, as the low temperatures cause the ground to freeze and become slippery. While there are preventive measures both employers and employees can take to prevent this, sometimes this type of injury is simply unavoidable. Additionally, these accidents are not only reserved for winter. They could happen any time of the year if the workplace is cluttered, if the floor is wet or if there’s spilled oil. For workers who experience a… Read More
John from North Carolina shared a story about his uncle, a furniture-store owner, who filed for bankruptcy in order to regain financial stability. The Great Recession resulted in many people across the United States being laid off from their jobs or losing the businesses that they had dedicated their lives to running. In an article featured on USA Bankruptcy Guide, an online resource for people who are considering filing for bankruptcy, John from North Carolina shared a story about his uncle, a furniture store owner, who filed for bankruptcy in order to regain financial stability. After realizing that he couldn't… Read More