What Is the Means Test?

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Chapter 7 and the Means Test

Clermont attorney

The new bankruptcy law is designed to make sure that Chapter 7 bankruptcy protection is given to those who most need it. The means test is the qualifying step for those looking to file Chapter 7. The means test is a formula that will assess your debts and income to determine if you have a sufficient income to repay a portion of the debt. If you qualify for Chapter 7 bankruptcy under “the means test” the court has determined that you do not have sufficient income to repay your debts. If you do not qualify, you may still be eligible for Chapter 13 bankruptcy and mortgage relief.

At Merideth Nagel, P.A., in Clermont, Florida, I am dedicated to helping consumers protect their rights in bankruptcy. I will take the time to review your individual circumstances, explore your options and determine whether bankruptcy is the right option for you. In applying the means test, remember that the court will consider all of your income, including wages, child support, spousal support, dividends, rents, unemployment, workers’ comp, disability and retirement. An experienced attorney may be able to subtract allowable expenses to help you qualify.

Know the Law and Your Rights

Filing bankruptcy could impact your rights to property. Before filing, be sure to consult with an experienced attorney who can properly review your individual circumstances and determine the right course of action for you. As your lawyer, I will also make sure that all paperwork is accurate and filed in a timely manner.

If you are considering bankruptcy, I will take the time to review your assets, debts and income, inform you of your rights and options, and help you make the best decision for your family or business. As your attorney, I understand that you are facing a difficult time and will work collaboratively with you to help you get a clean slate and take the first step toward an independent financial future.

What Is the Means Test? Contact an Attorney Today

As your attorney, I will never stop fighting to protect what is most important to you. To schedule an initial consultation with a Clermont attorney for financial debt call 352-394-7408 or fill out a short contact form today. We want to understand your concerns and provide the help you need immediately.

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

Serving West Orange County, Lake County, Sumter County & Marion County


    The more I get to know her the more convinced I am that she is the right attorney for me. The compassion and integrity I have seen is quite remarkable and I highly recommend you use her office to service… ~ Kelly,


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