PHOENIX, AZ, January 22, 2011 (Press-News.org) Census data from 2010 has been compiled and shows that mean family income has declined from previous years. Unfortunately, this negatively impacts those people hoping to file for chapter 7 bankruptcy protection.
In order for file for bankruptcy protection under chapter 7 of the bankruptcy code, debtors must qualify under the means test. One arm of the means test involves comparing your yearly income to the IRS mean income for your family size. The decrease in income as reported by the census data means the, in order to qualify for chapter 7 bankruptcy protection, debtors yearly income must be lower than previously required.
Prior to November, 2010, an Arizona debtor would qualify for chapter 7 protection if they made a yearly income less than $42,467 for an individual filer. After November 1st, this number has been reduced to $41,915. Note that these values increase with increasing family size.
In order to determine if you qualify for chapter 7 bankruptcy protection, the bankruptcy lawyers at Ariano & Reppucci recommend that you speak with a professional and efficient bankruptcy lawyer. The attorneys at Ariano & Reppucci, PLLC are available to assist those debtors located in Phoenix and Casa Grande, Arizona.
When calling our Firm, you will have the comfort of knowing that you will always speak direct with an attorney and not a legal support staff member. Call us 24 hours a day / seven days a week and talkd directly to an attorney about your legal issue of concern. Call us today at (602) 515-0841
The bankruptcy lawyers at Ariano & Reppucci, PLLC report that poor economic conditions make it more difficult for citizens of Arizona to file for bankruptcy.
Census data collected during the current economic downfall has been compiled to determine the IRS mean income for families in each state. These numbers decreased the maximum income allowed when filing chapter 7 bankruptcy under the means test.
2011-01-22
ELSE PRESS RELEASES FROM THIS DATE:
Local Industry Veteran Tony Craig; Joins Genesis Commercial Capital
2011-01-22
Genesis Commercial Capital Expands New Waste Industry Specialization
Genesis has recently assigned long term industry veteran, Tony Craig, to head up the new vendor RDW (Recycling/Disposal/Waste) division of Genesis Commercial Capital. Genesis has always been the leader in lease financing for equipment in this growing industry and has partnered with Tony Craig to expand our reach into the vendor and equipment seller's markets. With his 15 years of industry experience we are able to commit additional resources and bank lines to further developing various new and existent ...
Items To Consider When Investing In An IPO: Not So Risky After All!
2011-01-22
Hypo Venture Capital is a market leader in Financial Services. Here is a guide to Initial Public Offerings (IPO's) designed to take the jargon and fear out of the myth that IPO's are higher risk than ordinary investments.
Here at Hypo Venture Capital we are committed to offering our clients access to the latest and broadest range of financial services and products on the market. We know that choosing the right strategy, the right investment and the right product is no easy task in this day and age! Whether its advice, investments or financial planning we are here to answer ...
Christina Pratt Explores "The Secret or The Big Dream?" on Jan. 25 "Why Shamanism Now?" Radio Show
2011-01-22
Streaming live on the Co-Creator Radio Network on Tuesday, January 25, at 11 a.m. Pacific time/2 p.m. Eastern time, on her show "Why Shamanism Now?: A Practical Path to Authenticity," shaman and founder of the Last Mask Center for Shamanic Healing Christina Pratt explains, "Manifesting reality is a somewhat bigger prospect than the book The Secret and all the versions of 'The Art of Getting What You Want' would have you think." According to Pratt, the underlying belief of many ancient shamanic cultures is that reality, as we know it, is the result of the Dream of the Kosmos, ...
Outpost24 Opens New Office in Berlin
2011-01-22
Outpost24, the Technology Leader in On-Demand Vulnerability Management solutions, today announced that it has opened a new office in Berlin, Germany to service the growing demand for Vulnerability Management and Assessment solutions across the region.
"Our success in the DACH region and Germany in particular has lead to our expansion with another local office. The closeness to our customers has always been strategic for us. With the new office in Berlin we extend our local presence into the German capital and I am sure this will help us grow our customer base significantly." ...
Homemade Fashion Booms with Affordable Fabrics and Textiles
2011-01-22
Even as the fashion market continues to thrive past the recession, trendy consumers are looking to their sowing kits for inspiration in turning their wardrobes worthy of a Milan fashion show. However, even the youngest of trendsetters are looking not to break the bank, and affordable fabrics and textiles are allowing them to do just that.
Home based fashion designers and DIY clothes makers are sourcing their materials from cheap yet reliable wholesale fabric suppliers and textile manufacturers, starting a new trend in the fashion market.
As fashion trends continue ...
American World Pictures & Bron Studios In Production On The Sci-Fi Movie "Jabberwocky"
2011-01-22
American World Pictures (AWP), a leading independent motion picture distribution and production company, is pleased to announce the completion of principal photography on" Jabberwocky", directed by Steven R. Monroe ("I Spit on Your Grave: Unrated") and starring Tahmoh Penikett ("Battlestar Galactica", FOX's "Dollhouse") and Kacey Barnfield ("Resident Evil: Afterlife", BBC's "Grange Hill"), this is the Company's first of three co-productions with Bron Studios.
The film, written by Raul Inglis and Rafael Jordan, also stars Richard Riddell ("The Imaginarium of Doctor Parnassus"), ...
CyberOptics Semiconductor To Demonstrate New Airborne Particle Sensor at Semicon Korea
2011-01-22
Semiconductor Software and Engineering Solutions (SESO), CyberOptics' distributor for Korea, will host the product demonstration as well as display CyberOptics WaferSense line of wireless metrology devices at the international trade show scheduled for January 26 - 28 in Seoul, Korea.
The Airborne Particle Sensor is a one-of-a kind, wafer-like technology that moves through semiconductor process equipment and automation material handing systems to monitor airborne particles, reporting back information in real-time to allow engineers to efficiently validate and analyze ...
CIO Summit Announces Speakers from Lockheed Martin, Costco and CommScope
2011-01-22
The CIO Summit team announced today agenda details and speakers for the upcoming technology event, which will be held March 13-16, 2011 in Scottsdale, Arizona.
The CIO Summit brings together CIOs, senior IT executives, technology analysts and solution providers to make new business contacts, share ideas, and attend educational sessions in a relaxed, yet focused business setting. This year's CIO Summit agenda features roundtables, think tanks, open forums and analyst Q&As in an effort to encourage conversation among the event's attendees.
CIOs and senior technology ...
Increasing Bug Infestations Reported in New Jersey
2011-01-22
However, New Jersey bed bugs seem to be the most prominent culprit in the ever increasing reports of infestations. Unlike other pests like ants, cockroaches and termites, the threat of New Jersey bed bugs should not be underestimated. The fact that New Jersey bed bugs, much like any other bed bugs, feed entirely on human blood make them just as much a threat as any other branch of bugs or pests. New Jersey bed bugs are noted to be potential carriers of disease and infection; and though they are more largely recognized for gravitating towards human beds, they can also be ...
Roni Deutch Launched New Red 2 Black Debt Attack Program To Help Americans Struggling With Credit And Money Problems
2011-01-22
Roni Deutch's new downloadable audio program "Red to Black Debt Attack" is now available online.
"When I finished law school," explains Deutch. "I had a lot of debt. Hey, law school ain't cheap. Then I started my business, which also doesn't happen without some funding. Pretty soon, I was buried in debt. Finally, I'd had enough, and I put all my efforts into getting out of the red and getting rid of my debts, once and for all."
"It wasn't easy," Deutch continues, "but I did it. Now, I look around and see millions of other people struggling like I did. So, I put together ...
LAST 30 PRESS RELEASES:
CeSPIACE: A broad-spectrum peptide inhibitor against variable SARS-CoV-2 spikes
Understanding the origin of magnetic moment enhancement in novel alloys
BU researchers develop computational tools to safeguard privacy without degrading voice-based cognitive markers
Breakthrough in rapid polymer nanostructure production
Artificial photosynthesis: Researchers mimic plants
Social disadvantage can accelerate ageing and increase disease risk
Breaking free from dependence on rare resources! A domestic high-performance permanent magnet emerges!
Symptoms of long-COVID can last up to two years after infection with COVID-19
Violence is forcing women in Northern Ireland into homelessness, finds new report
Latin American intensivists denounce economic and cultural inequities in the global scientific publishing system
Older adults might be more resistant to bird flu infections than children, Penn research finds
Dramatic increase in research funding needed to counter productivity slowdown in farming
How chemistry and force etch mysterious spiral patterns on solid surfaces
Unraveling the mysteries of polycystic kidney disease
Mother’s high-fat diet can cause liver stress in fetus, study shows
Weighing in on a Mars water debate
Researchers ‘seq’ and find a way to make pig retinal cells to advance eye treatments
Re-purposed FDA-approved drug could help treat high-grade glioma
Understanding gamma rays in our universe through StarBurst
Study highlights noninvasive hearing aid
NASA taps UTA to shape future of autonomous aviation
Mutations disrupt touch-based learning, study finds
Misha lived in zoos, but the elephant’s tooth enamel helps reconstruct wildlife migrations
Eat better, breathe easier? Research points to link between diet, lung cancer
Mesozoic mammals had uniform dark fur
Wartime destruction of Kakhovka Dam in Ukraine has long-term environmental consequences
NIH’s flat 15% funding policy is misguided and damaging
AI reveals new insights into the flow of Antarctic ice
Scientists solve decades-long Parkinson’s mystery
Spinning, twisted light could power next-generation electronics
[Press-News.org] The bankruptcy lawyers at Ariano & Reppucci, PLLC report that poor economic conditions make it more difficult for citizens of Arizona to file for bankruptcy.Census data collected during the current economic downfall has been compiled to determine the IRS mean income for families in each state. These numbers decreased the maximum income allowed when filing chapter 7 bankruptcy under the means test.