Do You Qualify for Chapter 7 Bankruptcy?
Under the October 2005 changes to the bankruptcy law, those filing for bankruptcy must fill out a bankruptcy means test form (Form 22A for Chapter 7). To fully understand the bankruptcy means test, talk to a lawyer before you fill out the form. Contact the Coggins & Johnston law firm in Roseville, California.
Call (916) 797-1397 for a free consultation with a bankruptcy attorney.
The bankruptcy means test determines your eligibility to file.
The purpose of the bankruptcy means test is to determine whether you have the means to pay your debts. If your monthly income falls below the median for California, you will automatically qualify for Chapter 7 bankruptcy. If you have questions about the means test, ask an experienced bankruptcy attorney for legal advice.
Can you file for Chapter 7 if you are above the median income?
If your income is above the median for California, you may still qualify if your expenses are beyond your ability to pay in a reasonable time. Speak to a bankruptcy professional at Coggins & Johnston law firm in Roseville, California to determine your eligibility. Many attorneys do not understand the means test—if you have been told you do not qualify then call our office for a free consultation to determine whether you pass the test. In many cases clients pass the test after they have been told by inexperienced attorneys that they do not qualify.
Contact an attorney about your eligibility for Chapter 7.
The first consultation is free at Coggins & Johnston law firm. It will give you a chance to get answers to your questions and make an informed, educated decision about your future. No matter what your decision, we can help you end the financial struggle and get a fresh start.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
The Coggins & Johnston law firm in Roseville, California, represents bankruptcy and foreclosure clients in Sacramento, Roseville, Rocklin, Granite Bay, Lincoln, Citrus Heights, Davis, Rancho Cordova, Folsom, Woodland, Carmichael, North Highlands, Yuba City, Fair Oaks, Orangevale, El Dorado Hills, Auburn, Placerville, Gold River, Loomis, CA, and other communities in Placer County, Sacramento County, Yolo County, El Dorado County, Yuba County, Central California and Northern California.
