Bankruptcy Means Test 2026: Do You Qualify for Chapter 7?
The bankruptcy means test is the eligibility gateway for Chapter 7. Created in 2005 to prevent high-income filers from using Chapter 7, it’s less complex than it sounds — and most bankruptcy filers qualify automatically at the first step. 💡 Key Fact: Approximately 75% of Chapter 7 filers pass at Step 1 — simply by…