949.390.9994 Se Habla Español

Qualifying for Bankruptcy

Qualifying for Bankruptcy in Irvine

Is bankruptcy right for you?

For many individuals who have found themselves unexpectedly in a financial situation they don't know how to get out of, bankruptcy is a legal option that may bring new hope for the future. Unfortunately, the stigma attached can sometimes prevent people from even looking at it as an option, only to find themselves deeper in debt down the road. The firm has been working with people for more than 15 years and they understand what you are going through. They also understand all of the options available to you and how to best evaluate your unique situation to find the best course of action. An Irvine bankruptcy lawyer from Peter Rasla & Associates, P.L.C. is only interested in giving you personal service which will result in the best results for you.

The government established a means test in 2005 to ensure that no arbitrary or inconsistent standards were placed on people, which would unfairly allow bankruptcy to those who could actually repay their debt and bar those truly in need of this option. If you pass the means test you qualify to file for Chapter 7 bankruptcy. If you do not pass the test, you may yet qualify for Chapter 13.

Contact an Irvine Bankruptcy Attorney

Due to the overwhelming nature of out-of-control debt it can be very difficult for some to fill out the means test and gather the necessary documentation required by bankruptcy court to prove your financial condition. The firm understands this and they will work with you to help you accomplish this readily. They can also help to ensure that all the required information is presented accurately and reflects your true situation. These steps are vitally important in the qualifying procedure and if not done thoroughly and correctly can give the appearance that you do not qualify. Professional legal representation to help you in the qualifying procedure is well worth it