Michael Gutter
Michael Gutter
chapter complete counselor education establish families filing financial moved prior work
Prior to filing for bankruptcy, families will need to complete financial education and those being moved into chapter 7 or 13 will need to work with a financial counselor to actually establish that repayment strategy.
documents meetings schedule send until
It's just something that flagged in the computer, not a lot of suspicion, until you don't cooperate. That's when they'll get serious, not when you send documents and schedule meetings at their request.
chapter class eligible eliminate families test
There's a new needs-based test put into place on chapter 7 that will essentially eliminate most middle-class families from being eligible for bankruptcy.
along burden proof provide records
The burden of proof is on the taxpayer. So, it's up to you to provide records of things you say you've bought, or things along those lines.
based change dictated families hurt income lower might needs previous support test
That's a change from the previous test, which was a needs based test, or support based test and now it's dictated as a relationship-based test, as well as needs-based. That's a significant change and might hurt a lot of lower income families as a result.