Chapter 7 Means Testing Lawyers — Milwaukee
If you are contemplating bankruptcy, you probably have questions about whether you should file for Chapter 7 or Chapter 13. At Miller & Miller Law, LLC, we can help you make this important determination through a means test. Visit our office today to schedule a consultation. Call (414) 326-9231. Contact us today.
Do I Qualify for Chapter 7?
Since the 2005 bankruptcy reform, many people facing financial crisis have wondered whether or not they still qualify for Chapter 7 bankruptcy filing. While it is true that the laws have made it a bit more difficult, Chapter 7 is still a very available option. In fact, the vast majority of cases will qualify.
Determining if you can file for Chapter 7 is based upon a means test. Essentially, if you earn enough income to pay back a percentage of your debt and still survive financially, you should file for Chapter 13. But for many who file, their income is not of a level where Chapter 13 is even feasible.
What Are My Alternatives?
Our firm will help you gather the information you need to accurately complete the means test. If you qualify for Chapter 7, we will guide you through the filing process and provide the credit counseling you need to get back on track.
If you do not qualify for Chapter 7, we can work with you to develop a repayment plan to present in bankruptcy court. If your income is at a level where you can pay back the debt over time, we can help you explore alternatives to bankruptcy.
Discover the difference a local attorney can make in handling your bankruptcy and debt relief issues. Contact Miller & Miller Law, LLC, today to schedule a free initial consultation to discuss the means test. Our family looks forward to helping your family. Call us at (414) 326-9231.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
