Jeffery J. Aleman is a managing partner with Legal Helpers specializing in consumer bankruptcy law. www.legalhelpers.com, the law firm of Macey & Aleman, is one of the nation's largest consumer bankruptcy firms. For more articles on bankruptcy, visit the Legal Helpers Bankruptcy Resource Center. Legal Helpers can be contacted by phone, 888-743-5787 or by email, info@LegalHelpers.com.
With the new bankruptcy laws in effect, debtors have to first pass a two-part means test before filing for Chapter 7 bankruptcy. First, a quick definition of Means Test:
Means = Money, property, or other wealth (source: 1
