Many people wait way too long to contact an attorney to learn about filing for bankruptcy. One of the biggest reasons for this is the large number of bankruptcy myths that people believe. If you are deeply in debt to the point of considering bankruptcy, don’t take advice from people who might not know what they’re talking about. Contact an experienced Atlanta bankruptcy lawyer from The Slomka Law Firm to learn the truth about bankruptcy.
The most important factors in bankruptcy eligibility are your gross household income and disposable income, because disposable income is basically how much you have available to pay your debts every month. Eligibility is determined by median income and the means test. If you earn too much or have too much left over after calculating the difference between your income and your debts, you may not qualify for the Chapter 7 process. Our lawyers can help with this complicated test.
If you do not qualify for Chapter 7 bankruptcy , you will probably still be eligible for the Chapter 13 bankruptcy process, where you can reorganize your debts into a manageable payment plan. There are alternatives to bankruptcy, as well, that we can discuss at your free initial consultation.
Client testimonial: “I was desperate for help with my foreclosure and saw a commercial for the Slomka Law Firm. What a great day that turned out to be. I met with an attorney in the firm and walked out of the office stress-free. They answered all of my questions and gave me peace of mind. Everyone in the office has made this experience bearable and actually pleasant. I have already recommended the firm to a few others in the same position as me.”
– Robin Banker
Whether you qualify for Chapter 7 or Chapter 13, there are some significant benefits:
To get the information and help you need to stop fighting with insurmountable debt, contact us for a free initial consultation with a lawyer.