Alex Jones, Chapter 7, and the Means Test
I'm embarrassed to have fallen into an analytical trap that yet again reveals the absurdity of the means test. When I saw that Alex Jones was converting his personal Chapter 11 case to Chapter 7 liquidation, I wondered, "how in the world could Alex Jones pass the means test?!" Well, a quick look at section 707(b) reminded me that some pigs are more equal than others: the means test applies only to debtors "whose debts are primarily consumer debts." The $1.5 billion defamation debt obliterates the means test ... because of course Alex Jones's personal bankruptcy case is not an abuse of the system (!). Further evidence in support of the thesis of Melissa's new book, it seems.
He's still subject to dismissal under 707a and b3. Then also 727 denial of discharge
And dismissal would still leave his assets being sold but no discharge of debts.
Posted by: Ed Boltz | June 30, 2024 at 05:52 PM
He's still subject to dismissal under 707a and b3. Then also 727 denial of discharge
And dismissal would still leave his assets being sold but no discharge of debts.
Posted by: Ed Boltz | June 30, 2024 at 05:53 PM