Let’s Talk About Chapter 7 Bankruptcy
Filing for Chapter 7 bankruptcy can prove to be a good option when an individual feels overwhelmed in debt and not able to repay all of them. Although it is a tough decision to take and the entire process is time-consuming, but it seems the only right choice in that bad financial phase. Chapter 7 Bankruptcy Attorneys can help debtors and creditors cope with bankruptcy issues and decisions.
Not everyone is eligible to file Chapter 7 bankruptcy, particularly people with high incomes who could afford to repay their debts through Chapter 13 bankruptcy. Here is a list of criteria that qualifies you for Chapter 7 bankruptcy.
1. You must pass the bankruptcy means test.
2. You are an individual, married couple, or a small business owner.
3. You have not had a recent bankruptcy discharge.
4. You have not had a recent bankruptcy dismissal.
5. You must receive credit counseling.
6. Get an attorney’s advice.
Chapter 7 Bankruptcy Attorneys can help you evaluate your debts and finances and determine whether you meet the qualifications to file Chapter 7 bankruptcy.
If you are going through a bad financial phase, then contact Chapter 7 Bankruptcy at Worcester Bankruptcy Center. Our Law Firm is Here to Help you just contact to our experienced attorneys for Your FREE Consultation!