How to Qualify for Chapter 7 Bankruptcy

Is Chapter 7 bankruptcy right for you?

If you’re struggling with overwhelming debt, Chapter 7 bankruptcy might offer a fresh start. But how do you know if you qualify? Let’s break down the key factors:

Income

• Your income must fall below the median income for your state. We The People can check this for you FREE of charge.

Assets

• You can most likely keep all of your assets, such as your car and all personal belongings.

Debt

• There are no minimum debt requirements for Chapter 7.

Mean Median Income Test

• To qualify, you must pass the mean median income test. This test determines if your income is significantly higher than the median income for your state. Again, We The People can hep determine this FREE of charge.

Contact us for a FREE consultation today!