Do I Qualify for Chapter 7 Bankruptcy?
Financial difficulties can quickly move from manageable to unmanageable, and for many people, bankruptcy is the most sensible option for achieving much needed debt forgiveness and a brighter financial future. However, not everyone looking to file for Chapter 7 bankruptcy is eligible to do so. If you are in debt, it is important that you understand how the Chapter 7 bankruptcy process works, as well as all requirements you must fulfill in order to benefit from bankruptcy protection.
Facing overwhelming debt can be incredibly difficult. Fortunately, you do not have to face your financial challenges alone. At Joshua Spirn & Associates, our Boston Chapter 7 bankruptcy lawyers are dedicated to helping you take action and understand the full range of financial assistance options available. Contact us today at 800-975-5346 to learn more about our services and what we can do to help you.
Meeting Chapter 7 Bankruptcy Requirements
In order to qualify for Chapter 7 bankruptcy, you must meet the following requirements:
- You cannot have filed for Chapter 7 bankruptcy in the last eight years
- You must have passed the means test, proving your income is below the median income for the state of Massachusetts
- You must have completed credit counseling within 180 days of filing
- You can have no previous convictions of defrauding creditors
- You cannot have had a bankruptcy request dismissed in the past 180 days
If you meet all of the above qualifications, Chapter 7 might be the right debt solution for you.
Contact Us
Chapter 7 bankruptcy can be a very complicated and involved process, but it can help you get out of debt so you can achieve a fresh financial start. For more information on your eligibility, contact the Boston Chapter 7 bankruptcy attorneys of Joshua Spirn & Associates today at 800-975-5346.
