McBride Law Firm

Free Consultations 318.625.0471

Main Menu

Posts tagged "means test"

Filing for bankruptcy because of business debt

Owning a business is not for the faint of heart. While starting a successful business from the ground up can be one of the most rewarding experiences in life, there are many, many businesses that fail every year in Louisiana.

How people with regular income can file for bankruptcy

As you may already know, in order to qualify for Chapter 7 bankruptcy you have to pass a "means test." The means test was put in place to reserve bankruptcy for people who need it most. As a result, people with higher incomes are not allowed to file for Chapter 7 bankruptcy.

McBride Law Firm

McBride Law Firm
301 Jackson Street Suite 101
Alexandria, LA 71301

Phone: 318-625-0471
Fax: 318-445-8066
Alexandria Law Office Map

Back to top