New updated bankruptcy median family income figures

The United States Trustee’s office has announced the new updated median family income figures for South Carolina. The figures will be promulgated on October 12, 2012 and will go in effect on November 1, 2012. These median income figures are used on the bankruptcy “means test” to help determine who qualifies for Chapter 7 bankruptcy. […]

How detailed should my bankruptcy schedules be?

First, I want to stress that ALL creditors and assets must be listed on your bankruptcy. Even if you want to keep the credit card, it must be listed. Even if the gun or boat has very little value, it must be listed. The consequences of failing to list all assets or creditors range from […]