Although you are liable for debts you incur post-petition, bankruptcy’s automatic stay may delay the creditor’s ability to collect. For example, since your wages are part of your Chapter 13 bankruptcy estate, the creditor on a post-petition debt cannot attach your wages while your case is pending.

How do you qualify for a Chapter?

To pass the means test, you must have little or no disposable income. The means test compares your average monthly income for the six months preceding your bankruptcy against the median income of a similar household in your state. If your income is below the median, you automatically qualify.

What does it mean to file Chapter 20 bankruptcy?

A “Chapter 20” bankruptcy isn’t an actual bankruptcy type. It’s an informal name for the practice of filing for Chapter 13 bankruptcy immediately after completing a Chapter 7 case. Here’s the benefit of filing back to back bankruptcy cases: A debtor can discharge (wipe out) unsecured debts such as credit card balances in Chapter 7.

What’s the difference between Chapter 13 and Chapter 20?

A “Chapter 20” bankruptcy isn’t an actual bankruptcy type. It’s an informal name for the practice of filing for Chapter 13 bankruptcy immediately after completing a Chapter 7 case. Here’s the benefit of filing back to back bankruptcy cases: A debtor can discharge (wipe out) unsecured debts such as credit card balances in Chapter 7.

Why is it important to know about chapter 20?

Chapter 20 lays out what they can and cannot negotiate for in their contracts (like wages, overtime, safety rules), and it lays out how a neutral arbitrator will make a decision when the state and employees can’t come to an agreement.

What’s the issue with Chapter 20 in Iowa?

At issue is Iowa’s “Chapter 20,” the section in Iowa code that governs collective bargaining, and the sweeping changes the new Republican majorities want to make to it that would weaken or eliminate workers’ ability to negotiate parts or all of their contracts. But what is “Chapter 20”?