Never ever apply for bankruptcy without first having an exhaustive assessment having a bankruptcy lawyer that is experienced
Eligibility for Chapter 7 bankruptcy is set with a “means test.” A seasoned Stafford Chapter 7 bankruptcy attorney at Fisher-Sandler can test your budget and then give you practical advice regarding the means test, bankruptcy, along with your other appropriate choices if bankruptcy is not perfect Cartersville bad credit payday loans no credit check for you.
The Means TestSince 2005, the bankruptcy rule has needed an easy method test to find out in cases where a bankruptcy candidate satisfies the fundamental needs for a Chapter 7 bankruptcy. The Chapter 7 means test compares your revenue into the median income made by employees in a state. The median earnings differs in one state to a different, and usually talking, just about everyone whoever earnings is below their state’s median can be eligible for a Chapter 7 bankruptcy.