Means Test - Chapter 7 Bankruptcy

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The Means Test is one of steps necessary to determine eligibility to file Chapter 7 bankruptcy. The Means Test is used to determine if you have the ability to repay your debt. If so, you will likely need to consider Chapter 13 Bankruptcy instead of Chapter 7 Bankruptcy.

In short, the Means Test is used to determine if your income is less than the median income for your size household in your state. This threshold is different for every state.

Just because you "pass" the Means Test does not necessarily mean you should file Chapter 7 bankruptcy. There are many things to consider when deciding which bankruptcy is right for you. An experienced bankruptcy lawyer can advise you of the advantages and disadvantages of Chapter 7 bankruptcy.

Take advantage of a FREE Consultation with bankruptcy attorney J.D. Graham and learn how the law applies to you and your situation.  Simply use the form below or contact an office near you.

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O'Fallon, IL Bankruptcy Attorney

1 Eagle Center, Suite #3A
O'Fallon, IL 62269

(618) 235-9800 Office

(618) 235-9805 Fax


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Mt. Vernon, IL Bankruptcy Attorney

4106 Broadway
Mt. Vernon, IL 62864

(618) 235-9800 Office

(618) 235-9800 Fax


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Marion, IL Bankruptcy Attorney

4501 W DeYoung Street, Suite 208
Marion, IL 62959

(618) 235-9800 Office

(618) 235-9800 Fax


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Granite City, IL Bankruptcy Attorney

1600 Pontoon Road, Suite B
Granite City, IL 62040

(618) 235-9800 Office

(618) 235-9805 Fax


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Effingham, IL Bankruptcy Attorney

400 North Keller Drive, Suite F
Effingham, IL 62401

(618) 235-9800 Office

(618) 235-9805 Fax


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Belleville, IL Bankruptcy Attorney

7012 W Main Street
Belleville, IL 62223

(618) 235-9800 Office

(618) 235-9805 Fax


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Salem, IL Bankruptcy Attorney

2721 S. Broadway (Rt. 37 South)
Salem, IL 62881

(618) 235-9800 Office

(618) 235-9805 Fax


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Red Bud, IL Bankruptcy Attorney

215 E. Market Street, Suite B
Red Bud, IL 62278

(618) 235-9800 Office

(618) 235-9805 Fax


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Alton, IL Bankruptcy Attorney

307 Henry St., Suite 411
Alton, IL 62002

(618) 235-9800 Office

(618) 235-9805 Fax


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Edwardsville, IL Bankruptcy Attorney

2110 Troy Road, Suite G
Edwardsville, IL 62025

(618) 235-9800 Office

(618) 235-9805 Fax


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