How do I know if I qualify for bankruptcy protection? How do I know if I pass the means test? What is the best way to determine if I qualify for chapter 7?

In a nutshell, Arizona debtors must successfully pass the means test in order to qualify for chapter 7 bankruptcy. The purpose of the means test is to determine whether you have sufficient disposable income to repay a portion of your debts via chapter 13 bankruptcy.

Can I let you in on a little secret? Most local bankruptcy attorneys offer free consultations for potential Arizona debtors. This means that, if you schedule a free consultation with a local bankruptcy attorney, you can get (mostly) good advice straight from the experts.

While they may not be able to guarantee acceptance into chapter 7, they will be able to look at your financial situation and make a pretty darn good guess at it.

Or, if you are not the gambling type, many bankruptcy attorneys will complete your chapter 7 means test for a low flat fee. This will give you an answer you can take to the bank.

What if you are an introvert? Work 120 hours a week? Value your free time way too much to spend it in a stuffy old lawyer’s office? There are several online resources that claim to offer free advice regarding means test eligibility.

Nolo’s Super High-Tech Means Test Calculator

While I would take this advice with a grain of salt, they are probably a good starting point for those wondering whether they qualify for chapter 7 bankruptcy in Phoenix.