If you’ve been dealing with overwhelming debt and looking for a Philadelphia Chapter 13 bankruptcy lawyer you can trust, we can help. David M. Offen has more than 20 years of experience in bankruptcy law. He has assisted over 10,000 clients find their way out of overwhelming debt.

Do You Need a Bankruptcy Means Test in Philadelphia PA for Chapter 13?

A Philadelphia bankruptcy means test is used to determine whether you can qualify for Chapter 7 bankruptcy, which involves a discharge of debts. It requires that your disposable income be lower than the state median household income. Many people who don’t qualify for Chapter 7 bankruptcy under this means test choose to file Chapter 13 instead.

While there is no strict Chapter 13 means test in Philadelphia PA which would require that you file for Chapter 13, as compared to filing for Chapter 7, you do need to have a stable source of income. This doesn’t have to be from an employer. It can come from wages, government benefits, rent, child support, family support or other sources.

What’s Involved in a Chapter 13 Bankruptcy?

Chapter 13 is a reorganization plan for your debts. Our Chapter 13 bankruptcy lawyer in Philadelphia PA will help you work out a plan with your creditors that will get the approval of a bankruptcy court. Unlike a Chapter 7 bankruptcy, you can keep your property, even if you are way over the exemption amounts allowed under law.

By filing for Chapter 13, experienced Philadelphia Chapter 13 bankruptcy lawyers can help you:

  • Stop creditors, repossessions and any lawsuits involving your debts
  • Prevent wage garnishments, IRS collections and license suspensions
  • Prevent property foreclosure
  • Keep your utilities on

Contact Our Philadelphia Chapter 13 Bankruptcy Lawyer Today

We know that bankruptcy is a big decision. That’s why we offer a free consultation to discuss your options available in Philadelphia, Chapter 13, means tests for Chapter 7 bankruptcy and more. Call us or contact us online to get started on working towards a brighter financial future.