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Means Test: Getting Business Income Correct

By Cathy Moran, Esq. Filed Under: Business bankruptcy, Means test

I expect clients to conflate themselves and their wholly owned business corporation;  I didn’t expect the new bankruptcy lawyer to treat the corporation as if it didn’t exist. Yet as I reviewed a B-22 for a rookie bankruptcy lawyer, I found all of the corporation’s gross income included in the means test for the individual […]

Filed Under: Business bankruptcy, Means test Tagged With: bankruptcy business income, business bankruptcy, means test

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