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The Law Offices of Roger J. Yehl

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When Congress enacted BAPCPA, the Bankruptcy Abuse Prevention and Consumer Protection Act, in 2005, many people believed that Chapter 7 Bankruptcy no longer existed. A chapter 7 bankruptcy is also known as a liquidation bankruptcy. The means test was enacted with BAPCPA under 11 USC §542. The means test in simple terms is a mathematical computation designed to determine whether…Read More