Determining Your Bankruptcy Eligiblity
95% of the people who come to our office qualify in filing for bankruptcy.
There are many events that may cause you to need to file for bankruptcy, including impending foreclosure, repossession, lawsuits, or lien. But with changing laws and a volatile economy, it’s difficult to know when you qualify to file for bankruptcy.
In these situations, most people turn to the internet for answers, and then try to assess their own situation—BIG mistake! If you’re middle class, own a home, and have a job – unless you’re a bankruptcy expert, online information won’t be able to help you figure out if you qualify for bankruptcy. In fact, we’ve seen many people file for Chapter 7 who have a yearly salary at or above $100,000 per year.
Determining whether you qualify to file bankruptcy is dependent on many factors, including how much money you owe, how close you are to retirement, who lives with you, how much your home is worth, and other factors. When you take everything into account, it really does take a professional to figure it all out.
At Christensen Young and Associates, we turn hopeless situations into beacons of hope. One of our specialties is helping people qualify for bankruptcy who believed it was not an option. So, if you’re uncertain whether you qualify for bankruptcy, or think you’ve run out of options, come to Christensen Young and Associates today and let us be your guide.
Call Us Today at (866) 861-3333