Friday, December 24, 2010

"Do I Qualify for Chapter 7 Relief in Arizona?"

The question of whether you qualify for a Chapter 7 Bankruptcy is remarkably important, because if you don't pass the Means Test, you could be stuck in a Chapter 13 Bankruptcy, making large payments every month to a bankruptcy trustee, for five long years!

Now, there are some exceptions to the Means Test, and there are some sophisticated approaches to calculating the Means Test in Arizona, so if you don't pass the first cut at the ball, with the Median Income Calculator, and you don't pass the next go-round, which is the Means Test Calculator itself, DON'T PANIC!

At least, not yet. Panic is premature until you've talked to an experienced Arizona Bankruptcy Attorney, preferably Martindale AV Rated, AVVO 10, Board Certified in Bankruptcy Law, and they've gone through six months of your pay stubs and crunched numbers to see if they can find a way that you can qualify!

Contact an Arizona Bankruptcy Attorney 

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