A ____________ uses an average of a debtor's last six months of gross income to determine whether an applicant must file for bankruptcy under chapter 7 or 13 of the bankruptcy code.

Question

Quizplus · Accepted Answer

The means test is used to determine if a debtor's income is low enough to qualify for Chapter 7 bankruptcy or if they must file for Chapter 13 bankruptcy and repay their debts over time. It calculates average income based on the debtor's last six months of gross income. Therefore, the means test is the correct answer.

A ____________ Uses an Average of a Debtor's Last Six