The Means Test
If the answer is NO then you will qualify for Chapter 7, which allows you to wipe out many debts from credit cards, personal loans, store credit cards, medical and dental bills, certain taxes, and some other types of obligations. If the answer is YES then you will qualify for Chapter 13, which involves the repayment of a portion of your debts over a five year period.
How much is the median income for a household of my size?
- 1 PERSON: $34,808.00
- 2 PEOPLE: $48,029.00
- 3 PEOPLE: $50,408.00
- 4 PEOPLE: $58,153.00
- 5 PEOPLE: $64,453.00
- 6 PEOPLE: $70,753.00
- 7 PEOPLE: $77,053.00
How is my income calculated?
What expenses are taken into account for means testing purposes?
How do you fail the means test?
Why the means test is not the end of the story.
What happens if my claim of special circumstances is not approved?
If your claim of Special Circumstances is denied by the court, you will be given the opportunity to either dismiss your case entirely or convert to a Chapter 13 case. That decision will be made solely by you, but we will provide you with guidance regarding your options.
My duty to provide truthful and accurate information
A knowingly false statement in your bankruptcy petition or any schedule or statement filed therewith is a federal crime.
“Your knowledge and professionalism in answering all my questions and guiding me during this process took away all my worries and enabled me to attain a positive result.”- Ann
“The firm handled everything for me. Very polite very helpful.”- Sharon Scales
“I am extremely thankful for your assistance in getting me through these last few years.”- Tom S.
Client-Focused & Dedicated to Your Case
Attorney Mark B. French has the passion and determination to help clients get the results they deserve.Meet Your Attorney
Assisting Clients with Bankruptcy Since 1987
Over the years, we have represented debtors and creditors involving both consumer and business bankruptcy.Why Hire Us
Board Certified as a Bankruptcy Specialist
Having met rigorous standards, our certification demonstrates our extensive training and expertise.How This Helps You