A chapter 7 bankruptcy may not be appropriate for you. To receive a discharge of unsecured debt, certain financial circumstances must exist. Your income must fall at or below the state median amount; your reasonable monthly living expenses must exceed your household income; you cannot have received a chapter 7 discharge within the last 8 years. These are only a few of the considerations in determining whether a chapter 7 bankruptcy would be permitted. If you would like a free, no obligation analysis of your circumstances, click below to access our office worksheet, complete and email to us.
