Can I Qualify for Bankruptcy?

Do I qualify for Chapter 7 or Chapter 13 bankruptcy? Get answers from our Bellevue bankruptcy attorneys.

If your life is being dictated by crippling debt, a Chapter 7 or Chapter 13 bankruptcy may be your best way of getting a fresh start financially. This is why we often hear from potential new clients who ask, “Can I qualify for bankruptcy?” Whether you can file a Chapter 7 bankruptcy, or a Chapter 13 bankruptcy, sometimes depends on a complicated analysis of your specific monthly cash flow and financial obligations. If that’s the case, our Bellevue Chapter 7 bankruptcy lawyers can help.

Anyone living in Washington State can file for bankruptcy. The law requires, however, that you file in the federal district where you reside. You must also have lived in that district for 90 days. As a Bellevue resident, you are required to file in the United State District Court for the Western District of Washington. Our Bellevue bankruptcy lawyers are to help you to understand your legal rights and options, including whether or not you can qualify for bankruptcy protection and relief.

Simply filing for bankruptcy doesn’t mean you qualify. To find out whether you can file for Chapter 7 or Chapter 13 bankruptcy, talk to one of our Bellevue bankruptcy attorneys. They can help you ascertain whether it is in your best interests to file. Please note that if you filed for Chapter 7 bankruptcy in the last 8 years, you cannot file again.

Contact our King County debt relief and bankruptcy law offices to speak with a Bellevue bankruptcy lawyer without cost or obligation. Finding out whether you qualify for bankruptcy is relative straightforward, and it may be your best option for a better financial future. Our Bellevue Chapter 7 bankruptcy lawyers and our Bellevue Chapter 13 bankruptcy attorneys serve the entire Eastside, as well as all of King County.

Our Bellevue bankruptcy lawyers will review your financial situation:

• You are required to take a credit counseling course before filing for bankruptcy.
• A means test is required if you make more than the median Washington household income.
• The means test will determine whether you can file for bankruptcy.
• In order to file Chapter 13 you must earn enough money to keep up with monthly debt consolidation payments.

If you’re getting harassed by creditors and your financial situation is hopeless, bankruptcy is a way to get a fresh financial start. When your lawyer petitions the court on your behalf, all collections must stop, which means no more nasty phone calls at home and work. You will work with your King County bankruptcy lawyer throughout the entire process, and they will fight to maximize the amount of discharged debt.

Our Bellevue bankruptcy attorneys have handled countless cases. Our experience makes it relatively easy to figure out whether you qualify for bankruptcy, so call now to find out. If you are serious about improving your finances, we can help.

Bellevue, Washington and bankruptcy.

If you’re asking, “Do I qualify for bankruptcy?” you should gather as much information as you can about this process. We recommend reviewing these frequently asked questions prepared by the district court.

As a Bellevue resident, you already know that the cost of living in our area is very high. All it takes is one serious injury or illness and you could fall behind on bills. When you do, there is a point where you’re only managing to pay back interest, which makes it impossible to get out of debt. This vicious cycle may only be broken by taking drastic measures.

Find out how you can seek debt relief from one of our Bellevue bankruptcy lawyers.

If our debt relief attorneys determine that you can file for bankruptcy, this is what happens next. First, you are required to take a credit counseling class. After this class, you have every right to reconsider, but if you choose to move forward, your lawyer will petition the court on your behalf.

If your income is lower than the Washington median household income, you can file Chapter 7. This option allows you to discharge almost all of your debt, including medical bills and credit card debt. If your income is above the median household level, you must take a means test to determine whether you qualify for Chapter 13 bankruptcy. If so, your debt is consolidated into a monthly payment, and much or all of your unsecured debt may be discharged.

Our legal team is ready to help you take the next step

The bankruptcy process is easier than you think. For most people, making the decision to file for bankruptcy is the hardest part. This is often because they don’t want to be seen as a failure or deadbeat, but bankruptcy laws exist to help hard working people get out from under crippling debt. Declaring bankruptcy is not only a smart thing to do for most people in debt; it’s the responsible thing to do.

Once your debt is discharged, you can once again be a viable consumer who helps our nation’s economy grow. Your credit will swiftly improve, and you will be able to enjoy life without worrying that a creditor is calling every time your phone rings. Talk to one of our Bellevue bankruptcy lawyers today! The only thing you have to lose is your debt!

Contact one of our Bellevue bankruptcy attorneys today for a free consultation.

Stop asking yourself: “Can I Qualify for Bankruptcy?” and get help and answers fast from our Bellevue Chapter 7 bankruptcy lawyers. Our law firm offers low flat fees and flexible payment plans. Call now to find out how bankruptcy can help you regain the financial footing you’re looking for.

(425) 953-4061