transcript   Transcript

Section 707(b) – Means Test Overview and Filing a Chapter 7 Bankruptcy Case

Recorded on: Sep. 14, 2017
Running Time: 01:00:50

Full Transcript:



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Taken from the Web Program Bankruptcy Basics for Low-Income Clients 2017 recorded September 2017 in San Francisco.

Section 707(b) – Means Test Overview and Filing a Chapter 7 Bankruptcy Case [01:00:50]
  • Who must take the means test
  • Calculating Debtor’s Current Monthly Income (CMI)
  • Application of §707(b)(7) exclusion
  • Presumption of abuse

Filing a Chapter 7 Bankruptcy Case

  • Credit Counseling
  • Petition and Schedules – new forms
  • Reaffirmation, Surrender, Redemption
  • Amending the Chapter 7 schedules
  • Financial Management Certificate

Sally J. Elkington, Carl R. Gustafson, Sarah Lampi Little


The purchase price of this segment includes the following article from the Course Handbook available online:

  • Part III & IV: Means Test and Filing a Chapter 7 Case
    Sarah Lampi Little, Carl R. Gustafson, Sally J. Elkington
  • Notice Required by 11 U.S.C. § 342(b) for Individuals Filing for Bankruptcy (Form 2010)
    Sarah Lampi Little, Carl R. Gustafson, Sally J. Elkington
  • The Means Test Flow Chart
    Carl R. Gustafson
  • Chapter 7 Statement of Your Current Monthly Income (Official Form 122A-1)
    Sarah Lampi Little, Carl R. Gustafson, Sally J. Elkington
  • Statement of Exemption from Presumption of Abuse Under § 707(b)(2) (Official Form 122A–1Supp)
    Sarah Lampi Little, Carl R. Gustafson, Sally J. Elkington
  • Chapter 7 Means Test Calculation (Official Form 122A-2)
    Sarah Lampi Little, Carl R. Gustafson, Sally J. Elkington
  • 11 U.S.C. §707—Dismissal of a case or conversion to a case under chapter 11 or 13
    Sarah Lampi Little, Carl R. Gustafson, Sally J. Elkington
  • Statement of the U.S. Trustee Program’s Position on Legal Issues Arising Under the Chapter 7 Means Test
    Carl R. Gustafson, Sarah Lampi Little, Sally J. Elkington
  • Part III: Means Test (PowerPoint slides)
    Carl R. Gustafson, Sarah Lampi Little, Sally J. Elkington
  • Sample Official Form 101—Voluntary Petition for Individuals Filing for Bankruptcy
    Sarah Lampi Little, Sally J. Elkington, Carl R. Gustafson
  • Application to Have the Chapter 7 Filing Fee Waived (Official Form 103B)
    Carl R. Gustafson, Sarah Lampi Little, Sally J. Elkington
  • Reaffirmation Agreement Forms
    Carl R. Gustafson, Sarah Lampi Little, Sally J. Elkington
  • Part IV: Filing a Chapter 7 Bankruptcy Case (PowerPoint slides)
    Carl R. Gustafson, Sally J. Elkington, Sarah Lampi Little

Presentation Material

  • Part III: Means Test; Part IV: Filing a Chapter 7 Bankruptcy Case (PowerPoint slides)
    Sally J. Elkington, Carl R. Gustafson, Sarah Lampi Little
(s)
Sally J Elkington ~ Bankruptcy Practitioner, Partner, Elkington Shepherd LLP
Carl R Gustafson ~ Bankruptcy Practitioner, Managing Partner, Lincoln Law
Sarah Lampi Little ~ Bankruptcy Practitioner and Chapter 7 Trustee, Attorney, Shareholder, Kornfield, Nyberg, Bendes, Kuhner & Little, P.C.
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