In this six part segment, much-experienced consumer bankruptcy attorney James Moroney explains the Bankruptcy Code's Median Income and Means Test income/expense requirements for Chapters 7 and 13. This video explains the significance of earning less than the median income for both chapter 7 and 13; explains the concept of DISPOSABLE INCOME which is the foundation theory for THE MEANS TEST. Segment is part of a COMPLETE TUTORIAL on the Bankruptcy Code as applied to Missouri residents.
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