Qualifying for Bankruptcy in Little Rock

Chapter 7 bankruptcy is a viable debt relief strategy, but before filing Chapter 7, it is important to consult with an experienced attorney to make sure you are eligible. The means test is a statutory formula that determines if you qualify for Chapter 7 bankruptcy. The means test requires an analysis of your current monthly income and/or disposable monthly income in relation to Arkansas' median income.

At Robertson, Oswalt and Associates, we can help you understand if you qualify for Chapter 7 or Chapter 13 bankruptcy in Arkansas. If you need to speak with attorney at our firm, schedule a consultation. With office locations in Little Rock, Benton and Heber Springs, we serve clients throughout Arkansas. Contact us today for assistance.

Experienced Little Rock Bankruptcy Attorneys

Our lawyers can help you determine if your income is too high, or if you have too much disposable income. In these situations, we can guide you through a repayment plan under Chapter 13.

If you are over the median income for a household of your size in Arkansas, you may still qualify for Chapter 7, but you must complete a longer form of the means test. This lengthier version is based on several additional qualifying factors, such as your future income estimates.

Contact Our Arkansas Lawyers to Learn About Qualifying for Bankruptcy

To schedule a consultation with a Little Rock bankruptcy attorney at our firm, call 501-588-4451 or contact us toll free at 866-311-3815. You may also contact us by e-mail.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.