Are you drowning in debt and considering filing for bankruptcy? Chapter 7 bankruptcy could be the solution you need to get a fresh start. But who exactly qualifies for Chapter 7 bankruptcy in Atlanta? In this blog post, we will break down the qualifications for Chapter 7 bankruptcy and how The Boone Firm, P.C. can assist residents of Atlanta with their bankruptcy matters.

To qualify for Chapter 7 bankruptcy in Atlanta, you must pass the means test. The means test compares your income to the median income in Georgia for a household of your size. If your income is below the median income, you automatically qualify for Chapter 7 bankruptcy. If your income is above the median income, you may still qualify based on your expenses and disposable income.

In addition to passing the means test, you must also meet certain eligibility requirements to file for Chapter 7 bankruptcy. You cannot have had a previous Chapter 7 discharge within the past eight years or a Chapter 13 discharge within the past six years. You must also complete credit counseling from an approved agency within six months before filing for bankruptcy.

Another important qualification for Chapter 7 bankruptcy is that you must not have committed any fraudulent activities, such as hiding assets or providing false information on your bankruptcy forms. It is essential to be honest and transparent throughout the entire process to avoid any complications with your case.

If you are unsure whether you qualify for Chapter 7 bankruptcy in Atlanta, it is best to consult with an experienced bankruptcy attorney like The Boone Firm, P.C. Our team can review your financial situation and help determine if Chapter 7 bankruptcy is right for you. We will guide you through the entire process and ensure that all necessary paperwork is filed correctly and on time.

Filing for Chapter 7 bankruptcy in Atlanta can provide much-needed relief from overwhelming debt and give you a fresh start financially. By understanding the qualifications for Chapter 7 bankruptcy and seeking assistance from The Boone Firm, P.C., residents of Atlanta can navigate the process smoothly and efficiently. Don't let debt hold you back any longer – contact us today to learn more about how we can help with your bankruptcy matters.