Bankruptcy Means Test

Phoenix, Arizona Chapter 7 Bankruptcy Attorneys

In order to file for bankruptcy, certain income requirements must first be taken into account. If you are considering filing for bankruptcy and are unsure whether or not you should file under Chapter 7 or Chapter 13, the Bankruptcy Helpers at Gukeisen Law Group can explain the requirements involved in each and determine if you are eligible to file for Chapter 7. Since Congress changed the bankruptcy laws in 2005, people who once qualified for Chapter 7 bankruptcy must now file under Chapter 7. While Chapter 13 allows people to restructure their debt, it is more expensive than the old terms under Chapter 7 since now people filing under Chapter 13 are essentially responsible for paying back 80% to 100% of their debt. Our lawyers can help you determine your eligibility for filing under Chapter 7 by explaining and discussing the bankruptcy means test used to determine eligibility.

If you are considering bankruptcy, contact Bankruptcy Helpers at Gukeisen Law Group link to Contact Us page today and schedule a free consultation to discuss your case.

Considering Bankruptcy - Getting Out from under Creditors

After you file for bankruptcy, creditors and collection agencies are required by law to stop calling and writing to you in an attempt to collect on delinquent or past due loans. Once one of our attorneys represents you, creditors and collection agencies are required to contact our office.

Additionally, once you file, you can begin the process of reestablishing your credit record. To help our clients out of debt, we also refer them to credit counseling services which can help them take control of their lives while avoiding slipping into debt all over again.

Considering Bankruptcy? Contact Chapter 7 Bankruptcy Attorneys

If you are unsure whether you qualify under the Chapter 7 bankruptcy means test contact the Bankruptcy Helpers at Gukeisen Law Group. Regardless of whether your considering bankruptcy under Chapter 7 or Chapter 13, we can help you understand the financial and legal issues involved. Call today and schedule a free consultation.