How do I know if I am eligible for Chapter 7 Bankruptcy?

To be eligible for Chapter 7 bankruptcy in California, you must first pass the Chapter 7 Bankruptcy Means Test. This test looks at your income and expenses to determine whether or not you have enough money to pay back some of your creditors. If the Means Test shows that you do not have enough disposable income to pay off a certain amount of your debt, then you may be able to qualify for Chapter 7 and get rid of some of your debt. In addition to the Means Test, there are other criteria you must meet in order to be eligible for Chapter 7 bankruptcy. You must not have filed for Chapter 7 in the past 8 years and you must not have dismissed a previous bankruptcy case due to failing to obey court orders. You must also comply with the rules of the court and must have completed a credit counseling course within the 180 days prior to filing for bankruptcy. Finally, you must also pass the Chapter 7 Bankruptcy Abuse Prevention and Consumer Protection Act to be eligible for Chapter 7 bankruptcy in California. By meeting all of the eligibility requirements, you can be sure that you meet the criteria for filing Chapter 7 Bankruptcy and can move forward with the process.

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How do I know if I am eligible for Chapter 7 Bankruptcy?

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