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Do I Qualify for Bankruptcy in Bellevue?
For people facing unending debt, bankruptcy offers a way to get a fresh start and find financial relief. In the state of Washington, you are required to file in the federal district where you've lived for the last 90 days. For Bellevue residents, this falls under the jurisdiction of the United State District Court for the Western District of Washington.
Whether or not you can file for either Chapter 7 or Chapter 13 bankruptcy will depend on a number of different factors. Your lawyer will help you ascertain whether filing for bankruptcy would help you find the debt relief you need. If so, the next step is to determine whether you can file and which variety of bankruptcy is possible. Sometimes that decision is based on your particular financial situation. If you've filed for Chapter 7 bankruptcy within the last eight years, you cannot file again until that timeframe has passed.
If you would like to get the facts about bankruptcy and find out if you qualify, contact our law office in Bellevue and speak to one of our experienced lawyers without cost. If a fresh financial start sounds like something you would like to pursue, we can help.Our Bellevue bankruptcy attorneys will help you determine whether you can file
- You are required to take a credit counseling course before filing for bankruptcy in Washington
- If your earnings are above the median Washington State household income, you must undergo a means test to determine whether your bankruptcy can continue
- To qualify for Chapter 13 bankruptcy your earnings must be enough to keep up with payments on your consolidated debt
- You are required to attend hearings in court, so make sure you know what to expect with help from our Bellevue legal team
If you're tired of dreading the sound of your phone because of harassing phone calls from creditors, bankruptcy may be the answer to uncontrollable debt. Petitioning the bankruptcy court immediately stops all phone calls and debt collection, and sets into motion a series of events which will ultimately determine whether your petition is successful.
Our professional bankruptcy lawyers in Bellevue can usually ascertain whether you qualify after a short conversation and review of your situation. If you getting your finances under control is important to you, contact our law office and find out whether you qualify for bankruptcy.Our King County bankruptcy lawyers will help you seek financial relief
Before you can file for bankruptcy, you are required to take a credit counseling class. Once you're armed with this information you can review your circumstances and determine whether bankruptcy is right for you. If you ultimately decide to pursue this option, your Bellevue lawyer can help you take the next step by petitioning the bankruptcy court.
If you earn less than the Washington median household income, you can probably file for Chapter 7 bankruptcy, which will likely discharge most or all of your debt. Even credit card obligations, medical bills, and wage garnishments will stop.
If you earn above than the median income, you will likely go through a means test to determine whether you can file for Chapter 13 bankruptcy. To qualify for Chapter 13 bankruptcy in Bellevue you must be able to maintain monthly payments on your consolidated debt for three to five years.Hit the financial reset button with help from a Washington State bankruptcy lawyer
Filing for bankruptcy is pretty straightforward, but the most difficult part of the whole process may be taking the first step. If you're mired in debt that continues to grow with no relief in sight, find out if you qualify for bankruptcy by filling out our contact form.Bankruptcy laws were creative to help hard-working people get a fresh financial start and put their money problems in the past.
You are not a failure because you file for bankruptcy. What it proves is that you're smart enough to take advantage of the relief provided by the US government that helps people once again become contributing members of the economy. Talk to a Bellevue bankruptcy lawyer from our law office today and find out whether you can take advantage of these helpful federal laws.