Recorded June 8, 2023
Means Test Calculations
Effective May 15th, 2023: The IRS National Standards for Bankruptcy Allowable Living Expenses (BALE), Local Transportation Expense Standards, and the Chapter 13 Administrative Expense Multipliers have been revised. Discover how Best Case simplifies the Means Test with built-in calculators and tools to streamline data entry.
- Automate the calculation of CMI/DMI to determine presumption of abuse
- Utilize the paycheck calculator to populate income on Form 122 and Schedule I
- Complete the twelve means test tabs if a debtor’s income is above the median