What is the means test?

What is the means test? | The Golden Law Group | Helping Residents & Businesses Get Financial Stability | (813) 413-8700 | | 808 Oakfield Drive, Ste A, Brandon, Florida 33511 | 9040 Town Center Pkwy, Bradenton, Florida 34202 Back in October 2005 the bankruptcy law was amended. In the amendment, congress put in this thing called the means test. The means test for a chapter seven case determines your eligibility to file chapter seven. It's a complicated formula of income and expenses that take into account the IRS offering compromise regulations and things like that. It's not something that I recommend a debtor try to tackle on their own. For chapter 13 cases, the means test sort of roles into the determination of disposable income. For chapter 13, disposable income is what determines the chapter 13 plan payment.