Do you Qualify for Bankruptcy?
If you are struggling against overwhelming debt or a personal financial crisis, it is important to get the information you need to make sound decisions.
At The Law Office of Aramis Hernandez, we understand the stress and confusion that can surround the prospect of bankruptcy. This is why we take time to fully evaluate your situation and let you know how you can take the best course of action. It costs nothing to schedule and attend a consultation to find out if you qualify for bankruptcy protection.
Comparing Income to Expenses
There are many different myths floating around about bankruptcy. One of these is that only the very poor can file for Chapter 7 liquidation bankruptcy. In reality, the bankruptcy qualification process is complex, and it involves a thorough accounting of what you make, what you have, and how much you owe.
We take the time necessary to evaluate a client's bankruptcy qualifications. It isn't just about how much you make or how much you’re worth. It is a determination of how your income measures up to your expenses. The gap between income and expenses is crucial for determining what options are available to you.
In order to determine whether you qualify for bankruptcy, we look at a range of issues, such as your income, dischargeable and non-dischargeable debt, exemptions, and your tax issues.