If I Have A Stable Job, Can I Still Be Eligible For A Chapter 7 Bankruptcy?

Whether or not you qualify for a Chapter 7 bankruptcy does not depend on what type of job you have, what your profession is, whether it is full-time or part-time, or whether it is seasonal employment or not. The question is not what type of job you have, but rather what your income is. To qualify for a Chapter 7 bankruptcy, your Jacksonville Bankruptcy Attorney will look at your income over the prior six months and compare it to the median income for your area. This is called the means test. If you pass the means test, your income is less than the median. If your income is over the median, then you still can qualify for a Chapter 13 bankruptcy. To see if you qualify for a Chapter 7 bankruptcy, call a Jacksonville Bankruptcy Attorney today at 904-685-1200.