Sentences with phrase «of means testing»

With the introduction of means testing in October 2005, either spouse must also consider how and whether income received during the last six (6) months before filing might create a presumption of abuse in a chapter 7 case filing and affect timing of the filing of a case.
He also suggested replacing the wage inflation adjustment with the more slowly - growing price inflation adjustment, and imposing a form of means testing so that people with other sources of income in retirement would see their Social Security retirement benefits reduced.
States should address this issue by adopting universal education - choice options for all families (and many state - based programs are already geared specifically to low - income children by virtue of means testing).
And he said that the alternative would involve an «incredibly complicated» system of means testing.
Be cautious of means testing benefits — as established by Magna Carta, taxation still rests on consent, where the quid pro quo for higher earners paying much more taxation is universal entitlement to at least most benefits.
Another problem of having decent income in retirement is medicare part B cost more and there is always talk of means testing for any benefit / entitlement that retirees receive.
Around two - thirds of people eligible for council tax benefit claim any funds, the lowest take up of any means tested benefit.
If this income exceeds certain median family income figures, a second phase of the means test comes into play.
In this case the long form of the means tests must be completed.
The ostensible purpose of the means test is to force those with enough «disposable» income to repay something to their creditors into Chapter 13 bankruptcy rather than the faster Chapter 7 process.
The purpose of the means test is to figure out whether you have enough disposable income, after subtracting certain allowed expenses and required debt payments, to make payments on a Chapter 13 plan.
Remember that part of the means test takes into account your payments on secured debts that due within the next 60 months.
It is based on their monthly income, and for higher earning debtors, in terms of a means test that measures the debtor's income against the average income for the state in which they live.
There is a long form of the means test that factors in secured debt payments such as your mortgage and other necessary expenses like medical bills and insurance.
For purposes of the means test, the U.S. Bankruptcy Code defines current monthly income as including: «any amount paid by any entity other than the debtor (or in a joint case the debtor and the debtor's spouse), on a regular basis for the household expenses of the debtor or the debtor's dependents (and in a joint case the debtor's spouse if not otherwise a dependent)...» Benefits received under the Social Security Act, payments to victims of war crimes or crimes against humanity on account of their status as victims of such crimes, and payments to victims of international terrorism or domestic terrorism on account of their status as victims of such terrorism are excluded from the means test.
Or your Chapter 13 plan can repay creditors a fraction of their debt, depending on the value of your non-exempt assets and the application of the means test to your income.
This is a simplified version of the means test and question of abuse.
The implementation of a means test to determine eligibility for a Chapter 7 discharge is purportedly designed to ensure that those most in need of having their unsecured debts eliminated receive a Chapter 7 bankruptcy discharge.
As one of the assistant United States trustees once told me, the purpose of the means test is to disqualify as many people as possible from Chapter 7, and to force them into Chapter 13.
To this end, the most notable change to the Bankruptcy Code was the addition of the Means Test, whereby filers who desire to file for Chapter 7 bankruptcy now had to meet certain income - based eligibility requirements.
This knowledge includes comprehensive understanding of the means test analysis which is now required to determine if you qualify for Chapter 7 bankruptcy.
If it isn't continue to the next part of the means test.
The taking of a means test to establish eligibility to file for Chapter 7 is now required.
As part of the means test the bankruptcy court will look at your last 6 months of income as well as your expenses.

Not exact matches

MoviePass described the new plan as a way of testing a new model, and said «this does not mean that our unlimited subscription will not be offered in the future.»
Companies can also «test the waters» using the new provisions of Regulation A — meaning that you can let the world know you are thinking of raising investment dollars.
csv files, upload and label them, push a bunch of buttons on the settings page, test the email four times and then schedule its release — only to find out that we've miscalculated the time difference, meaning all our customers will be sound asleep when that email arrives at 3.
That means interleaving not only produces better short - term results, it also results in much greater long - term retention — which is incredibly important in the real world where the point of learning isn't to simply remember something long enough to pass a test.
None of these doubts necessarily mean that Theranos» tests don't work, though the latest allegations add further support to the idea that the technology still has a long way to go.
U.S. teens scored a mean 492 on the OECD test, eight points below the overall global mean of 500 — and more than 100 points below first - ranked Shanghai - China's 603.
Now to be clear, this type of test is normally administered for a job interview, meaning the stakes are lower and the accuracy rate is lower.
Hunt says that really committing to this idea means loads of A / B testing and a willingness to accept a high rate of failure.
A lot of times that's easier said than done and what that really means is just a whole lot of user testing,» he says.
This means they select a group of people to test their functioning application before it is launched.
But eventually RBC found me, and I was kind of like a beta test for them because they said I was high beta, meaning high risk, but if it worked out it would work out really well.
Test - takers no longer will lose points for wrong answers, a feature meant to discourage guessing but that produced agonized complaints that the exam was more an exercise in strategy than a measure of college - readiness.
A special needs trust lets parents, other family members and other interested parties contribute funds for the benefit of a disabled person, while also enabling him or her to still receive means - tested benefits such as Medicaid and Security Supplemental Income (SSI).
That means the position of the trend line is not well tested and that, in turn, means the uptrend is not well defined.
Founder Cheryl Ng has long believed in building markets incrementally, placing modest quantities with international distributors as a means of testing consumer acceptance without risking a lot of capital on large production runs.
These sorts of odd - ball questions — logic puzzles, brainteasers and riddles — have been favoured by some employers as a means of testing problem - solving and communications skills for over half a century.
In cases when they do - such as with the work disincentive effects of means - tested tax credits used for the purchase of health insurance - it's better to hold off on those attacks or make them more nuanced.
Since this tax credit wouldn't be means - tested, it would eliminate most of the work disincentives that Obamacare creates.
«EI benefits should have a more stringent means test as there are far too many abuses of the system,» wrote one.
The treatment was approved for the devastating rare disease Duchenne muscular dystrophy but created major divisions within the FDA because it simply hadn't demonstrated a whole lot of efficacy, meaning the pricey therapy is essentially being subjected to a real - world clinical test.
Three might be the lucky carrier group to test out this theory, but don't forget that its U.K. operation is about to merge (pending regulatory approval) with local rival O2, meaning around 40 percent of the country's subscribers might find themselves with network - level ad - blocking on the menu.
The device tested in 1945 had a 20 kiloton yield, meaning it had the explosive force of 20,000 tons of TNT.
A big part of what's driving Opdivo's success is an early decision by BMS to chase a much wider share of the cancer patient population — a decision that has meant that doctors don't have to administer a time - consuming diagnostic test to check if patients have a protein called PD - L1 before prescribing Opdivo in certain cancers.
That means it's probably a bad idea to argue your teen really shouldn't study for her math test in the hopes you'll cultivate a sudden love of trigonometry.
The Slim might not be as zippy as its larger sibling, butComputer Shopper found it was still «the second - fastest drive» of the ones they tested, meaning that if speed is paramount, you'll be well - served by either drive in the Backup Plus family.
It radiates alpha particles, relatively large on an atomic scale, which means the thin glass of a test tube, the leather of a briefcase, or even air or skin stop them.
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