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Do I qualify for Chapter 7 Bankruptcy?
You Have Options in Seeking Debt Relief
If you are planning on filing for consumer bankruptcy under Chapter 7 — also referred to as a liquidation bankruptcy — a basic "means test" is now used to determine whether or not you qualify. The means test was introduced by new bankruptcy legislation in 2005. While the banks and credit card companies hoped that new bankruptcy laws would force more people to file under Chapter 13 by making it harder to qualify under Chapter 7, this is not necessarily the case.
That is to say, even under the new bankruptcy laws, one should not assume that Chapter 7 bankruptcy is not available. It is a good idea to sit down with a Bankruptcy Attorney to check all your options.
At Haroon Law Group, we offer answers and guidance when you come in to
consult with us. During your
visit to our offices in
Our goal is to help you make an informed decision which is in your best interest. You will never experience pressure to file bankruptcy at Haroon Law Group. What you can expect is a candid conversation about your circumstances and the various options available for finding real freedom from overwhelming debt.
Contact our offices today to schedule an appointment with an experienced bankruptcy lawyer.
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