Chapter 7 Bankruptcy is Determined by a Means Test

Before you can file for Chapter 7 bankruptcy, your bankruptcy attorney will apply a Means Test.  This test is applicable to anyone who wants to file for Chapter 7 bankruptcy in Arizona.  An experienced bankruptcy lawyer will ask you some simple questions about your marital status, number of legal dependents, and average income over the previous six months.

With the answers to these questions, your bankruptcy lawyers can determine if you meet the standards for Chapter 7 bankruptcy, known as a fresh start, or if you will need to file Chapter 13 bankruptcy for court protection as you repay your debt.

The Means Test is required in Arizona, and any qualified bankruptcy lawfirm in Phoenix, AZ, will ask exactly the same questions.

The attorneys at your bankruptcy law firm will determine whether Chapter 7 bankruptcy is the best bankruptcy filing for you.