In late 2005, the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 was enacted into law. Among other things, this act requires a "means test" to see if debtors qualify for Chapter 7 bankruptcy relief. The means test examines your monthly income and expenses and compares them to the median income in and around…
New Castle County is located in the state of Delaware metropolitan area, and is populated by approximately 525,000 people. The median household income is $53,543, making it a thriving middle-class urban city. It is the northernmost county in Delaware, and is bordered by Pennsylvania, New Jersey, and Maryland. New Castle County, Delaware has a burgeoning…
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 requires: (a) A debt relief agency shall... (1) not later than 5 business days after the first date on which such agency provides any bankruptcy assistance services to an assisted person, but prior to such assisted person's petition under this title being filed, execute a…