Restor A Previous Version Of Legal Nevada Bankruptcy Forms For Free

Form 122A-2. This form, titled the ?Chapter 7 Means Test Calculation,? is the one you fill out if your income is higher than the state median. You will use this form to deduct allowable expenses and see how much income you have left over. This will help determine whether you might qualify for Chapter 7 or Chapter 13.

If you made a mistake or forgot to include something in your initial bankruptcy filing, you can correct the error by amending the bankruptcy petition, schedule, or form. In this article, you'll learn the basics needed to amend the bankruptcy petition, including: why you might need to file a bankruptcy amendment form.

If your total monthly income over the course of the next 60 months is less than $7,475 then you pass the means test and you may file a Chapter 7 bankruptcy. If it is over $12,475 then you fail the means test and don't have the option of filing Chapter 7.

To determine your Chapter 7 bankruptcy income limit, add the last six months of your gross income ? this is what you earned before taxes and other deductions were taken out. Divide that number by six. While that may seem like a waste of time ? why not just take one month instead of adding six, then dividing by six?

If you make a mistake or accidentally leave information out of your bankruptcy forms, you can almost always amend them after you file. The trustee in your bankruptcy case may also ask you to file an amendment after meeting with you in your 341 meeting.

Making a significant income won't stop you from filing for bankruptcy. Still, it might determine whether you must file for Chapter 7 or Chapter 13 to wipe out qualifying debt.