Bankruptcy by Keyword

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Bankruptcy by Keyword:

"Conversion"

Related Keywords: Chapter 13 .

Case Law Topics

  • Chapter 7: Is Ch 7 Means Test Applicable to conversions from failed Chapter 13?

    The new law can pose a catch 22 for debtors if the means test forces them into Chapter 13 although their actual disposable income is inadequate to fund a Chapter 13 plan. Some courts have held that this Catch 22 is avoided by ruling that the Chapter 7 means test is not applicable to cases "Filed under" chapter 13 and then converted to Chapter 7

    For converted cases, the case law appears to agree that the six-month income measurement period is based on the date of the filing of the original petition: conversion does not reset that date.


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