Los Angeles BK Issues Archives — Law Office of Mark J. Markus--Bankruptcy Attorney

Top 10 Los Angeles Bankruptcy Blog Posts of 2014
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Top 10 Los Angeles Bankruptcy Blog Posts of 2014

Bankruptcy Law, Los Angeles BK Issues

Means Test: 401k loan repayment not an Expense

Court rules 401k loan repayments cannot be used in budget on means test to determine eligibility to file bankruptcy.

Mark J. Markus2017-08-14T21:54:26-07:00May 29th, 2009|

The Bankruptcy Means Test Los Angeles – How To Pass So You Can File
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The Bankruptcy Means Test Los Angeles – How To Pass So You Can File

Bankruptcy Law, debts in bankruptcy, Los Angeles BK Issues, means test

The Bankruptcy Means Test Los Angeles – How To Pass So You Can File

What is the means test in bankruptcy? What does it mean? How is it calculated?

Mark J. Markus2021-08-21T18:12:41-07:00October 11th, 2008|

Ninth Circuit Rules that Means Test Controls Chapter 13 Plan Length and Payment

Means Test Controls Chapter 13 Length and Payment Amount The Ninth Circuit Court of Appeals in Maney v. Kagenveama (In re Kagenveama), 527 F.3d 990 (9th Cir. June 2008) held that where an above-median chapter 13 debtor has negative “disposable income” per the means test but a monthly surplus per schedules I and J, the debtor is NOT required to propose a five year plan and the plan payment need not be based on the surplus. Since the new bankruptcy [...]

Mark J. Markus2021-07-27T15:56:29-07:00June 27th, 2008|