Credit to the Georgia Bankruptcy Blog for spotting this terrific article which explains the “means test,” a troublesome and controversial feature of the BAPCPA amendments which now determines who gets to file Chapter 7 (”straight” or liquidation bankruptcy) and who will be steered (notwithstanding their preferences or what’s actually best for the particular debtor) into [...]
As the 2nd “Losers” bullet in this article from Stars and Stripes makes clear, payday lenders are in mourning over the loss of one of their chief sources of profit: military families. (Stars and Stripes gets the premier link, since it’s something the Armed Services have long worked and lobbied for, but see the bottom [...]