Lawrenceville Bankruptcy Guidance: Navigate the Means Test

Comprehensive Bankruptcy Support in Gwinnett and Hall Counties

If you are considering filing for bankruptcy, you may be worried about passing the means test. This is a very common concern, especially for people with middle-class incomes, and it is one that our attorneys at The Ballard Law Group understand well.

We have helped countless clients pass the means test and successfully file for bankruptcy. With more than 20 years of experience, we are trusted by clients in Lawrenceville, Lawrence County, and throughout Gwinnett County.

We provide personalized representation for each of our clients and a free initial consultation. If you have questions about the means test or would like to discuss your options, do not hesitate to contact us today.

Call (404) 800-9939 or send us an online form to request a consultation to learn more about the means test.

Understanding the Georgia Means Test for Bankruptcy Eligibility

The Georgia Means Test is used to determine if you are eligible for Chapter 7 bankruptcy. If you pass the test, you will not have to repay any of your debts. If you fail the test, you may be eligible for Chapter 13 bankruptcy instead.

The Means Test is based on your income and expenses from the six months before you filed for bankruptcy. It uses the median income for a household of the same size as your own and compares it to your actual income. If your income is less than the median, you automatically pass the Means Test.

The Means Test requires you to calculate your monthly expenses and compare them to the median. If your expenses are less than the median, you automatically pass the Means Test. If they are higher, you must pay off a portion of your debts before you can file for bankruptcy.

Expert Means Test Assistance in Lawrenceville

The Ballard Law Group has helped countless clients pass the Means Test. We have helped clients in Lawrenceville, Duluth, and all surrounding areas.

We provide the following Means Test services:

• Comprehensive case evaluation
• Dedicated representation
• Help with all bankruptcy forms
• Guidance through the Georgia Means Test

Get in Touch with Our Trusted Lawrenceville Bankruptcy Attorneys

If you are considering filing for bankruptcy, you may be worried about passing the Means Test. Our Lawrenceville means test lawyers can help you determine if you are eligible for Chapter 7 or Chapter 13 bankruptcy.

If you fail the Means Test, you may still be able to file for Chapter 13 bankruptcy. This type of bankruptcy reorganizes your debts and requires you to make monthly payments for a period of three to five years.

If you pass the Means Test, you may be able to file for Chapter 7 bankruptcy. This type of bankruptcy completely erases most of your debts. However, you must be able to pass the Means Test to qualify.

The Ballard Law Group can help you determine if you are eligible for Chapter 7 or Chapter 13 bankruptcy. We can also help you determine if you need to improve your finances before you file for bankruptcy.

If you have questions about the Means Test or would like to discuss your options, do not hesitate to contact us today. 

Call (404) 800-9939 or send us a online form to request a free consultation.