It exempts military reservists called to active duty and certain others from application of the means test in chapter 7 bankruptcy.

The Act covers over 450,000 Guard members and reservists who have been deployed to Iraq and Afghanistan over the past six years. Between September 11, 2001 and November 30, 2007 some 450,000 Guard members and reservists have been deployed to Iraq and Afghanistan. Up to one-quarter of deployed Guard members may face financial problems when they return because of a fall in income levels while they are overseas. They can now skip the means test enacted under the Bankruptcy Abuse Prevention and Consumer Protection Act which made filing for bankruptcy a little tougher. It makes the path to debt relief a little easier for the deployed Guard members.

If you or someone you knows would like more information on Bankruptcy and other debt relief visit The Mengesha Firm, P.C.