New Windsor, NY, Chapter 7 Eligibility Attorneys
If you are struggling with debt and unsure of where to turn, filing for bankruptcy may be the only way to resolve your financial issues and get a fresh start. Before knowing what type of bankruptcy you will qualify for, you must go through the bankruptcy means test, which will take factors such as your gross income and expenses into account.
At Silver, Forrester & Lesser, P.C., in New Windsor, we represent individuals and families throughout Orange County, the Catskills region and New York City. To discuss your bankruptcy qualifications with a lawyer, call us at 845.764.4757 or toll free at 866.687.1338.
Understanding the Means Test
In order to qualify for Chapter 7 bankruptcy, you must prove that your income over the previous six months is below the state median income. However, figuring out your income is not cut-and-dry. The bankruptcy code allows people to make a number of deductions from their gross income.
Our attorneys will look closely at your financial situation, including your gross income, deductions and deductions. This will allow us to quickly determine whether you can qualify for Chapter 7 or if we should turn out attention to helping you file a Chapter 13 bankruptcy.
Depending on your ability to qualify for bankruptcy, we can also help you pursue other debt relief options such as loan modification or mortgage modification.
Contact Silver, Forrester & Lesser, P.C.
Our firm takes your financial difficulties as seriously as you do and has the experience and resources to help you get a fresh start. Contact us to speak to one of our Hudson Valley means test assistance attorneys about your bankruptcy options.
