The bankruptcy means test determines whether you're eligible for Chapter 7 bankruptcy. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...

FreshSplash / Getty Images A means test is a formula that uses someone's income to determine their eligibility for assistance or benefits. A means test is a method for determining whether someone ...

See how we rate credit score services to help you make smart decisions with your money. The means test assesses your ability to repay debts to determine eligibility for Chapter 7 bankruptcy.

One of the measures implemented by the new law was the bankruptcy means test. The means test is the national, standardized way to determine how much of your debts you can feasibly repay (which may ...