Who can file for Chapter 7 Bankruptcy?

Individual consumers are eligible to file a Chapter 7 Bankruptcy provided they meet the following criteria:

All Debtors filing Chapter 7 Bankruptcy must pass a means test. The means test is a form that compares the Debtor’s income and expenses to the national IRS standards. This form is best completed by a skilled and qualified attorney. It is our experience that Debtors who previously qualified under the old bankruptcy laws, still qualify with the new bankruptcy laws. In fact, more than 96% of potential bankruptcy Debtors still qualify for Chapter 7 Bankruptcy.
In addition, Debtors are only eligible to file for Chapter 7 Bankruptcy and receive a discharge of their debts eight years after a prior chapter 7 discharge.

DALLAS BANKRUPTCY