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BK 124: Statement of Your Current Monthly Income
Statement of Your Current Monthly Income. Every Chapter 7 debtor must file a statement of current monthly income. 11 U.S.C. § 521(a)(1)(B)(v). A better term for this statement would have been average monthly income. As discussed below, this statement reveals the average monthly income from all sources of income during…
BK 125: Statement of Means Test Calculation
Statement of Means Test Calculation. Every Chapter 7 debtor must file Official Form 122A-2, Chapter 7 Means Test Calculation when his/her annualized average monthly income (as calculated in Part 1 of Official Form 122A-1, Chapter 7 Statement of Your Current Monthly Income) exceeds the state’s median annual income for households of…
BK 130: Bankruptcy Case Study 1 – Abraham Lincoln
Bankruptcy Case Study 1 – Abraham Lincoln The Schaller Bankruptcy Master Class provides five full-feature bankruptcy case studies. Each case study contains a fictitious client(s) filing for Chapter 7 bankruptcy relief. Some case studies involve an individual and some studies involve married people. Each study starts with a completed client-questionnaire…
BK 131: Bankruptcy Case Study 2 – Harry Truman
Bankruptcy Case Study 2 – Harry & Elizabeth Truman The Schaller Bankruptcy Master Class provides five full-feature bankruptcy case studies. Each case study contains a fictitious client(s) filing for Chapter 7 bankruptcy relief. Some case studies involve an individual and some studies involve married people. Each study starts with a…
BK 132: Bankruptcy Case Study 3 – John Adams
Bankruptcy Case Study 3 – John & Abigail Adams The Schaller Bankruptcy Master Class provides five full-feature bankruptcy case studies. Each case study contains a fictitious client(s) filing for Chapter 7 bankruptcy relief. Some case studies involve an individual and some studies involve married people. Each study starts with a…
BK 133: Bankruptcy Case Study 4 – John Kennedy
Bankruptcy Case Study 4 – John & Jacqueline Kennedy The Schaller Bankruptcy Master Class provides five full-feature bankruptcy case studies. Each case study contains a fictitious client(s) filing for Chapter 7 bankruptcy relief. Some case studies involve an individual and some studies involve married people. Each study starts with a…
BK 134: Bankruptcy Case Study 5 – George Washington
Bankruptcy Case Study 5 – George & Martha Washington The Schaller Bankruptcy Master Class provides five full-feature bankruptcy case studies. Each case study contains a fictitious client(s) filing for Chapter 7 bankruptcy relief. Some case studies involve an individual and some studies involve married people. Each study starts with a…