• Redd Law, PLC

Qualifying for a Chapter 7


Even with income higher than the median, debtors may still be able to file a Chapter 7 bankruptcy. If a debtor no longer earns the higher income due to a job loss or reduced income, then an affidavit can be filed with the court showing that the means test shouldn’t apply. Also, the means test provides additional calculations for higher income debtors to see if they can qualify for a Chapter 7. That’s why it’s important to see an attorney about qualifying for a Chapter 7. There may be ways for a debtor to qualify for a Chapter 7 bankruptcy now or in the future with accurate analysis and planning.

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