Bankruptcy: How do I know if I qualify?

Chapter 7

To qualify for a Chapter 7 bankruptcy, your income needs to be under the Means Test. Essentially what this means is that your household’s average monthly gross income needs to be under a certain threshold, depending on your household size. To determine whether or not you qualify, calculate your average monthly gross income, then use the form below.

Additionally, to get a Discharge in a Chapter 7 bankruptcy, when you filed your case you could not have filed a previous Ch 7 in the past 8 years, or a Ch 13 in the previous 6.

Chapter 13

To qualify for a Chapter 13 bankruptcy, there is no income requirement. However, if you did pass the Means Test, you would be eligible to complete the Ch 13 in 3 years. Otherwise, your Ch 13 bankruptcy would be 5 years long.

Additionally, to get a Discharge in a Chapter 13 bankruptcy, when you filed your case you could not have filed a previous Ch 7 in the past 4 years, or a Ch 13 in the previous 2.