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Posts tagged "Means test"

Bankruptcy: What is the Means Test--And What if I Don't Pass?

Bankruptcy What is the Means Test.jpgFiling for bankruptcy is a major step, and probably not something you ever wanted to do. You may have been in a major accident, or you or a family member may have experienced an extended illness that resulted in insurmountable medical bills. Budgets may have been cut at work, or you may have found yourself out of a job altogether. Often, there are other accompanying factors too, like divorce, overuse of credit card due to lack of income, and more.

Can I File Bankruptcy if I am Unemployed?

If you have lost your job, you may be wondering if you can obtain relief from your debt by filing a bankruptcy case. There is no law that requires an individual to be employed in order to qualify for bankruptcy protection. As a matter of fact, loss of employment is one of the primary reasons people file a Chapter 7 or Chapter 13. There is also no minimum amount of debt you must have to file a case.

Our bankruptcy attorneys will help you escape debt and
face the future with optimism.

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