The Bankruptcy Code Provides Extra Help to Disabled Veterans

In 2005, The Bankruptcy Code was revised, making it more difficult and sometimes impossible for many debtors to obtain relief under Chapter 7 of The Bankruptcy Code.  Disabled veterans were excepted from some of the new eligibility requirements that affected most debtors.  If you are a disabled veteran who became disabled while serving your country, and your debts were primarily incurred during a period of active duty/homeland defense activity, you may be eligible for a discharge under Chapter 7 without having to satisfy the other requirements under the Means Test.  What does this mean?  It means that because of your status as a disabled veteran, you may qualify for a Chapter 7 discharge even if your income would usually disqualify you from receiving relief.