January, 2016 | Richoux Law Firm, L.L.C.

Qualifying for Chapter 7 bankruptcy: means test

On behalf of Richoux Law Firm, L.L.C. | Jan 27, 2016 | Chapter 7

Last time, we pointed out that the means test is one of the requirements for qualifying for Chapter 7 bankruptcy. Not every debtor who files for Chapter 7 bankruptcy is required to submit to the means test, but only those who exceed a certain income threshold and who...

Who qualifies for Chapter 7 bankruptcy?

On behalf of Richoux Law Firm, L.L.C. | Jan 12, 2016 | Chapter 7

We mentioned last time that not everybody who decides to move forward with the bankruptcy process will qualify for a Chapter 7 filing. This is because there are specific financial requirements for Chapter 7 eligibility. The same is not true of Chapter 13 bankruptcy,...

What is the difference between Chapter 7 and Chapter 13 bankruptcy?

On behalf of Richoux Law Firm, L.L.C. | Jan 6, 2016 | Chapter 7

In our last post, we spoke a bit about some of the options available to struggling debtors short of filing for bankruptcy. As we noted, it is important for debtors to consider all their options prior to moving ahead with bankruptcy, particularly because the financial...

Qualifying for Chapter 7 bankruptcy: means test

Who qualifies for Chapter 7 bankruptcy?

What is the difference between Chapter 7 and Chapter 13 bankruptcy?

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