How often are the National Standards for bankruptcy updated? The rising consumer prices warrant an adjustment.
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I think the Executive Office of the United States Trustee (EOUST) updates them semi-annually. However, they are based on the IRS Collection Financial Standards, so it is up to the IRS to look at the relevant data and to make adjustments. From my experience, over the last 13 years, they are almost always lagging.Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
Status: (Auto) Discharged and Closed! 5/10
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Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.
Bankruptcy Wizard
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