While the 2005 bankruptcy laws were designed to make it more difficult for consumers to file for bankruptcy, many Arizona residents still qualify for Chapter 7 bankruptcy relief. If you are wondering about your Arizona bankruptcy options, you can use this handy calculator to find out if you qualify.
The calculator will ask you some questions about your household size, median income, and expenses. In the end it will give you a good idea if you can qualify for the fresh start that a chapter 7 bankruptcy can provide. If your household income is less than the median income for your size of household, you are most likely eligible. Some exceptions might arise if you have income from social security; the law is unclear on whether social security income should be included when determining Chapter 7 eligibility, so if you have this type of income it is best to consult your attorney.
Of course, an online calculator can’t substitute for the advice of an experienced bankruptcy attorney, but it can give you a good idea of what you can expect at your initial consultation. And if you clearly don’t qualify for chapter 7 bankruptcy, don’t worry – you can still consider filing for chapter 13 bankruptcy.
At The Zolman Law, we believe that your life shouldn’t be defined by debt. We have helped hundreds of people just like you find the relief they deserve from harassing bill collectors, paycheck garnishment, foreclosures proceedings, and – most importantly – the constant worry about money and what to do about your debts.
We are a dedicated debt relief law firm. We help people from Phoenix, Mesa, Gilbert, Queen Creek, Chandler, Scottsdale, Apache Junction, Tempe and throughout Arizona file for bankruptcy or work through tough tax problems every day. We can help stop the debt cycle and give you relief from your overwhelming, burdensome, and crushing debt. Please don’t wait another moment. Call us right away – our attorneys will help get you the fresh start you deserve.