How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Ellen Your Own Question
Ellen
Ellen, Attorney
Category: Bankruptcy Law
Satisfied Customers: 36714
Experience:  Bankruptcy Lawyer. Experienced.
9968427
Type Your Bankruptcy Law Question Here...
Ellen is online now
A new question is answered every 9 seconds

I would like to file chapter 7 bankruptcy. However, I might

This answer was rated:

I would like to file chapter 7 bankruptcy. However, I might be $1000 over the Means Test monthly income requirement. Am I automatically disqualified to file chapter 7?
*This chat is not intended as legal advice. It is general information that may or may not apply to your situation and should not be relied upon.*

Hi Eric,

Thank you for your new question.

In order to file a chapter 7 bankruptcy, you must pass a means test that compares your family income with the median income of the family of the same size in your state. If you are at or below the median income, you pass the means test in are eligible to file a chapter 7 bankruptcy. If you are above the median income, you must pass an additional test which compares your disposable income and unsecured debts.

I would be glad to continue our conversation and respond to any follow-up questions that you may have.
Ellen and 4 other Bankruptcy Law Specialists are ready to help you

Related Bankruptcy Law Questions