The Chapter 7 Means Test
Determining your eligibility for Chapter 7 bankruptcy can be a difficult and confusing task to undertake alone. The bankruptcy means test is a set of questions used to determine your eligibility for protection. When exploring your debt relief options, the guidance of a knowledgeable Chapter 7 bankruptcy lawyer can be invaluable in helping you determine your eligibility and your options. The right legal counsel can also help you answer a wide range of questions, including:
- I make more than the allowed income. Can I still qualify for Chapter 7 protection?
- What dedications am I allowed to take from my income during the means test?
- I have recently incurred excessive medical bills. Do these factor into my Chapter 7 eligibility?
At the DiTocco Law Group, PLLC, our attorneys are dedicated to providing effective Chapter 7 bankruptcy assistance to clients throughout Broward County and Palm Beach County in Florida. With a detailed knowledge of the bankruptcy process, we will work to help you complete the Chapter 7 means test.
Helpful Guidance Throughout The Chapter 7 Means Test Process
Chapter 7 eligibility is mainly focused on your gross income, although several factors will be taken into account during the means test process. Such factors include:
- Payroll tax withholding
- Health and life insurance premiums
- Mandatory contributions to retirement plans
- Child support and day care expenses
- Medical expenses
After taking these factors into account, even individuals and families that appear to make more than the allowed income may qualify for a Chapter 7 filing.
To help you complete the means test in the most effective manner possible, we take care to explain each part of the process to you and strive to help you understand how each question relates to your unique situation.
This personalized approach is designed to help you qualify for a Chapter 7 bankruptcy filing and pursue the debt relief benefits the process has to offer.
Contact our office online or call 954-566-9000 to schedule a free initial consultation to discuss your means test and Chapter 7 eligibility concerns. We have satellite offices located throughout Miami-Dade, Broward (Fort Lauderdale) and Palm Beach counties, so you can take comfort in knowing that there is a DiTocco Law Group, PLLC, office near you. Translation services are available for our Spanish-speaking clients.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.