Definitions of means test
an evaluation of a debtor's ability to repay debt based on income and living expenses
When the means test was applied, the court determined the debtor had a regular income and qualified for Chapter 13 bankruptcy.
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means test means:
full
noun
an evaluation of a debtor's ability to repay debt based on income and living expenses
When the means test was applied, the court determined the debtor had a regular income and qualified for Chapter 13 bankruptcy.