In order to file for Chapter 7 bankruptcy, certain income requirements must first be taken into account. If you are considering help with Chapter 7 or Chapter 13 bankruptcy and are unsure whether or not you should file under Chapter 7 or Chapter 13, wantafreshstart.com, can explain the requirements involved in each and determine if you are eligible to file for Chapter 7 or Chapter 13.
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. 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 chapter 7 or chapter 13 bankruptcy, consult the chapter 7 or chapter 13 bankruptcy attorneys at wantafreshstart.com by contacting a bankruptcy attorney.