Do You Qualify for Chapter 7 or Chapter 13 Bankruptcy?
We Can Help You Find Out
As a result of changes to federal bankruptcy laws that took effect in 2005, consumers seeking to file for bankruptcy must satisfy a means test. If you are considering bankruptcy, you should discuss your options with a law firm that understands how to pursue debt relief for clients regardless of their means test results.
At the Law Offices of Buckey & Schurter in Riverside and Corona, California, we have been helping consumers and business owners resolve debt problems since 1994. Our attorneys will explain and analyze your financial situation in regard to the means test and other bankruptcy filing requirements.
To discuss your options with an experienced bankruptcy lawyer, call 951-893-5394 or toll free 888-591-8958. We offer free initial consultations.
How the Means Test Works
The first step is to determine if your current monthly income is less than the median income for a household of your size. If your income is low enough, you will qualify for Chapter 7 bankruptcy. If not, you may still qualify for chapter 7 after our attorneys conduct a complete B22 means test evaluation. If your disposable income is too high, you may not qualify for Chapter 7, but may still be a candidate for Chapter 13.
Special circumstances can overcome the presumptions of the means test. Therefore, you should let us evaluate your unique circumstances to see if there is something that can be done to help you qualify for bankruptcy now or in the future.
If you are unsure about how the means test affects your prospects for bankruptcy, contact us today to discuss your situation with an experienced bankruptcy attorney.
