Fremont Bankruptcy: The Language of Bankruptcy, the Letter M
With the economy at an all time low, more and more Fremont consumers in debt are searching for solutions to their debt problems. BK Answers wants to provide our bankruptcy website visitors with the tools to assist with your debt solutions, no matter your choice. Here are some bankruptcy terms to arm yourself with that begin with the letter "M":
Means Test A method for determining whether someone qualifies for a financial-assistance program. A common means test is the one used to determine eligibility for Chapter 7 bankruptcy. Means testing is also used in distributing Medicare benefits and has been suggested as a solution for the Social Security problem.
Motion is an application to the Court requesting an Order in favor of the applicant.
Motions for Relief is an application to the Court to allow the Creditor to proceed with their normal practices despite the bankruptcy.
Our Bankruptcy Topics Library is abundant with many additional bankruptcy terms and definitions for your convenience.
Means Test A method for determining whether someone qualifies for a financial-assistance program. A common means test is the one used to determine eligibility for Chapter 7 bankruptcy. Means testing is also used in distributing Medicare benefits and has been suggested as a solution for the Social Security problem.
Motion is an application to the Court requesting an Order in favor of the applicant.
Motions for Relief is an application to the Court to allow the Creditor to proceed with their normal practices despite the bankruptcy.
Our Bankruptcy Topics Library is abundant with many additional bankruptcy terms and definitions for your convenience.
